Meat-loving Arby’s buying Buffalo Wild Wings
NEW YORK (AP) — Meat-centric sandwich chain Arby’s said Tuesday that it’s buying Buffalo Wild Wings for about $2.4 billion, making it the latest casual restaurant chain to be taken private.
Buffalo Wild Wings, which serves chicken wings in a sports bar-like atmosphere, has reported falling sales as it and other casual restaurants lose customers to cheaper and faster chains. In the most recent quarter, it reported a 2.3 percent sales drop at its established restaurants.
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