• Arby's to acquire Buffalo Wild Wings for more than $2 billion

    By: Kara Driscoll, DaytonDailyNews.com


    Restaurant chain Arby’s will acquire Buffalo Wild Wings for more than $2 billion.

    >> Read more trending news

    Arby’s Restaurant Group, Inc. officials announced Tuesday that it will pay $157 per share for Buffalo Wild Wings, a transaction valued at approximately $2.9 billion -- including Buffalo Wild Wings’ debt. The transaction is expected to close during the first quarter of 2018.

    “Buffalo Wild Wings is one of the most distinctive and successful entertainment and casual dining restaurant companies in America,” said Paul Brown, CEO of Arby’s Restaurant Group, Inc. “We are excited to welcome a brand with such a rich heritage, led by an exceptionally talented team. We look forward to leveraging the combined strengths of both organizations into a truly differentiated and transformative multi-brand restaurant company.”

    Arby’s is majority owned by affiliates of Roark Capital Group, an Atlanta-based private equity firm. Arby’s has more than 3,300 restaurants in seven countries, and Buffalo Wild Wings currently has more than 1,250 locations in 10 countries.

    Next Up:

  • Headline Goes Here

    Arby's to acquire Buffalo Wild Wings for more than $2 billion

  • Headline Goes Here

    White Sox pitcher in critical condition after suffering brain hemorrhage

  • Headline Goes Here

    Who is Travis Reinking, the person of interest in the Waffle House shooting?

  • Headline Goes Here

    Who is James Shaw Jr., the man who disarmed the Waffle House shooter?

  • Headline Goes Here

    Waffle House 'hero' disarmed shooter, tossed rifle over counter