In the transaction announced Tuesday, private equity funds managed by Blackstone will be used to acquire majority ownership ...

Financial terms were not disclosed, but the transaction is reportedly valued at $8 billion, sources familiar with the matter ...

In 1975, Peter Cancro, then a 17-year-old high school senior, bought the operation with help from his football coach.

The transaction is “intended to help enable Jersey Mike’s to accelerate its expansion across and beyond the U.S. market,” the ...

Under terms of the agreement, Jersey Mike’s founder and CEO Peter Cancro will continue to lead the business and maintain a ...

A Subway customer is suing the chain over the amount of meat in one of its sandwiches, claiming it violates a consumer ...

Blackstone has taken a massive bite out of the sandwich industry by purchasing Jersey Mike's, one of the largest sandwich ...

Blackstone has agreed to acquire Jersey Mike’s Subs in a deal that values the sandwich chain around $8 billion, including ...

Blackstone buys a majority stake in sub chain Jersey Mike’s. Fast-casual is a growing segment of the enormous but risky restaurant trade.

Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the ...