Subway, the large fast-food sandwich chain, has been officially acquired by Roark Capital. This transaction marks the complete transfer of ownership to the private equity firm, known for its extensive portfolio and controversial labor practices. Roark Capital, which has been criticized for exploiting 1.4 million workers and opposing the $15 minimum wage, now owns Subway.
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BREAKING: Subway has been officially bought out by Roark Capital, per MorePerfectUnion.
BREAKING: Subway has officially been bought out by Roark Capital, per MorePerfectUnion.
BREAKING: Subway has officially been bought out by Roark Capital. The massive fast-food sandwich chain is now owned by a private equity firm that's made billions exploiting 1.4 million workers and working to kill the $15 minimum wage. https://t.co/Cptpbzc3ZT
Subway's sale to Roark is complete.