Subway’s future in doubt after death
Subway co-founder’s death sparks concern for the sandwich chain
The death of the nuclear physicist who co-founded Subway has thrown the global sandwich chain’s future into doubt after a string of controversies.
The death of a nuclear physicist who co-founded Subway restaurants has thrown the fast-food giant’s future into doubt, with deal-makers fretting that hopes to sell the struggling chain look more complicated than ever.
Peter Buck – whose $US1000 ($A1394) loan to Fred DeLuca in 1965 to start a sandwich shop in Bridgeport, Connecticut, launched a global fast-food empire that made him a billionaire – died last week at the age of 90, the company said.
What’s less known is the fact that Subway earlier this year held informal talks to possibly sell itself to Restaurant Brands International, the …
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