Roark Capital Group, the private equity owner of Arby’s, Carl’s Jr. and other fast-food brands, is hungry for chicken.
The firm, which backed an unsuccessful takeover attempt for fried-chicken chain Popeyes Louisiana Kitchen Inc. within the past year, made an all-cash offer for Buffalo Wild Wings Inc.
last month, according to a person familiar with the matter. The deal
would value the company at more than $2.3 billion, said the person, who
asked not to be identified because the discussions are private.. . . more