Tue, 25 Sep 2018 15:23:43 GMT
Inspire Brands plans Sonic takeover worth $1.57B
On Tuesday, the owner of Arby, Inspire Brands, stated it would acquire the drive-in chain Sonic Corp in a deal valued at $1.57B, adding over 3,6K drive-in restaurants to the portfolio, including such brands as Rusty Taco and Buffalo Wild Wings.