OAK BROOK Ill. McDonald's Corp. said it has agreed to sell the 630-unit Boston Market fast-casual chain to the private-equity firm Sun Capital Partners, parent of such restaurant brands as Fazoli's, Chevys, El Torito and Bruegger's. Terms were not disclosed. McDonald’s acquired Golden, Colo.-based Boston Market in 2000 for $173.5 million. Executives indicated at the time that they initially were interested in acquiring the chain for its real estate, with an eye toward converting the ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!