Sandwich Chain Acquisition

Prosecutors Fail to Indict Man for Sandwich Throw; Grand Jury Rejects Charges

Prosecutors Fail to Secure Indictment Against Man Who Threw Sandwich at Federal Agent.

The fact that prosecutors couldn’t get a grand jury to indict the man who threw a sandwich is, frankly, quite amusing. It completely upends the old saying about any good prosecutor being able to indict a ham sandwich. It’s a clear sign that something unusual happened, whether it was the jury’s strong disagreement with the charges or the prosecutors’ attempt to manufacture a case where one didn’t exist. The whole situation is just ripe with irony. It’s either a powerful statement from the jurors, a “screw you” to the prosecution, or a sign the prosecutors overreached, attempting to secure an indictment on a flimsy basis.… Continue reading

Jersey Mike’s $8 Billion Sale Sparks Fears of Price Hikes, Quality Decline

Private equity firm Blackstone has acquired a majority stake in Jersey Mike’s Subs for approximately $8 billion, marking the end of its independent run. Founder and CEO Peter Cancro will retain a significant equity stake and continue leading the company. This investment will fuel Jersey Mike’s expansion domestically and internationally, along with technological advancements. The deal follows Subway’s own sale to Roark Capital, making it the second-largest sandwich chain transaction in recent history.

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