Apollo completes Qdoba acquisition for about $305 mln
Apollo Global Management LLC has closed its previously announced buyout of Qdoba Restaurant Corp from Jack in the Box Inc for about $305 million in cash. Qdoba operates and franchises more than 700 Qdoba Mexican Eats restaurants. Morgan Stanley & Co LLC provided financial advice to Jack in the Box, while Gibson, Dunn & Crutcher LLP served as legal counsel. Apollo was advised by Morgan, Lewis & Bockius LLP, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Deutsche Bank Securities Inc and PJ Solomon.
22 March 2018•3 mins read
