Arby’s Owner Buys Sonic For $2.3 Billion

Arby’s Owner Buys Sonic For $2.3 Billion
Arby’s Owner Buys Sonic For $2.3 Billion

Arby’s parent company, Inspire Brands, announced Tuesday that it is acquiring burger chain Sonic in a deal worth $2.3 billion.

Inspire’s portfolio includes more than 4,700 Arby’s, Buffalo Wild Wings, and Rusty Taco locations worldwide.

Sonic is America’s largest drive-in restaurant chain, serving approximately 3 million customers every day, with more than 3,600 locations nationwide.

The chain will continue to operate as an independent brand out of its Oklahoma City headquarters.

Image – Sonic