Bojangles Is Exploring a Sale While the Fried-Chicken Market Is Hot
A transaction could fetch upward of $1.5 billion, roughly triple what it sold for in 2019
Bojangles, the fast-food chain that specializes in fried chicken and biscuits, is working with investment bankers to potentially sell itself in a market that's been craving restaurant and chicken companies, according to people familiar with the matter.
The details
A sale of Bojangles could fetch more than $1.5 billion, roughly three times what it sold for in a 2019 buyout, the people said...
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