Potbelly sold to RaceTrac for $566M
Yahoo Financeยท2025-09-10 09:03
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: Potbelly has sold itself to RaceTrac, one of the largest privately held convenience store retailers in the U.S., for $566 million, the company said in a Wednesday press release. RaceTrac will acquire all outstanding Potbelly shares for $17.12 each in an all-cash transaction that is expected to close during the fourth quarter. Potbelly has over ...