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The Latest News

Arby’s Parent Company to Acquire Sonic

Sonicpic

The Inspire Brands portfolio is expanding to include Sonic. The parent company of Arby’s and Buffalo Wild Wings will purchase the Sonic drive-in restaurant chain for $2.3 billion according to a company release.

Following the transaction, Sonic will operate as a privately held subsidiary of Inspire Brands and will continue as an independent brand. The acquisition will add 3,600 Sonic restaurants to Atlanta-based Inspire Brands.

Inspire Brands also recently bought back shares from The Wendy’s Company.

Want more?

Compare Sonic’s same-store sales to other chains in FE&S blogger Jerry Stiegler’s Green Sheet.

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