Restaurant M&A is revived with a Potbelly takeover
Potbelly(US:PBPB) Seeking Alphaยท2025-09-10 14:25Potbelly Corporation (NASDAQ:PBPB) jumped 31.6% in Wednesday morning trading to $17.02 after the restaurant company accepted an offer from RaceTrac to be acquired at $17.12 per share. The acquisition is expected to close in the fourth quarter. Until the transaction closes, both companies will continue ...