Monday, May 22, 2017

Jack in the Box could sell Qdoba

Image result for qdobaJack in the Box Inc. said that it has hired an adviser to potentially sell Qdoba Mexican Eats amid concerns that operating two different brands is hurting the company’s value.

The company has hired Morgan Stanley & Co LLC to assist in evaluating alternatives with respect to Qdoba, Jack in the Box CEO Lenny Comma said in the company’s quarterly earnings release on Tuesday. . . . more

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