Buffalo Wild Wings franchise sold for nearly 3 billion dollars - KXLT - Fox 47 Rochester MN News, Weather, Sports #rochmn

Buffalo Wild Wings franchise sold for nearly 3 billion dollars

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(FOX 47) -

Investing group Roark Capital, which owns the fast-food chain Arby's, is now buying buffalo wild wings, the chain of sports bars, for $2.9 billion.

Buffalo Wild Wings stock had been down before rumors about a deal with Arby's surfaced two weeks ago. The deal now makes the sports bar chain a private entity.

Buffalo Wild Wings is headquartered in Minneapolis. Arby's is owned by Roark Capital, which also has big stakes in companies like Jimmy John's, Cinnabon and Culvers.

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