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Potbelly acquired by c-store company RaceTrac
Yahoo Finance·2025-09-10 20:23

You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. Potbelly Sandwich Works has been acquired by RaceTrac, an Atlanta-based company that operates more than 800 convenience stores across 14 states under the RaceTrac® and RaceWay® brands. As part of the definitive merger agreement, RaceTrac will commence a tender offer to acquire all of the outstanding shares of Potbelly for 17.12pershare,inanallcashtransactionwithanequityvalueofapproximately17.12 per share, in an all-cash transaction with an equity value of approximately 566 million. The ...