Arby’s Reached a Deal to Acquire Buffalo Wild Wings
Fast food chain Arby's Restaurant Group has reached a deal to acquire Buffalo Wild Wings, which promotes the slogan "wings, beer, sports" in its advertisements, for $2.4 billion in cash.
The deal comes in an ailing casual dining sector as Americans have rediscovered home meals amid low grocery prices and new delivery options.
Buffalo Wild Wings also had been battered by a sharp increase in the cost of Chicken wings, although the cost is down 20% from its high. Here's more from USA Today.