Buffalo Wild Wings, which has more than has more than 1,250 locations in 10 countries, has been purchased by Arby’s, with more than 3,300 restaurants in seven countries.

Based in Minneapolis, Minnesota, Buffalo Wild Wings has a restaurant in Jackson at 1242 Vann Drive, and Arby’s offers two restaurants in Jackson – 601 Old Hickory Blvd., and 208 Stonebrook Place.

The purchase price is $2.4 Billion, or $157.00 per share of stock.

Since the announcement, shares of Buffalo Wild Wings stock has fluctuated between $155.50 and $156.00, which is up more than $9 per share since the market closed on Monday.

Arby’s is owned by Roark Capital Group, an Atlanta-based private equity firm with over $7 billion in equity capital and commitments raised since inception. Roark concentrates on middle-market investment opportunities through family-owned business transfers, management/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures.

Roark concentrates on consumer, business service and environmental service companies, with a specialization around franchised and multi-unit business models in the retail, restaurant and consumer services sectors.

David Thomas, Twitter – @DavidThomasWNWS
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