Subway says shareholders are exploring possible sale of the sandwich shop chain

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Subway says shareholders are exploring possible sale of the sandwich shop chain
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Sandwich shop chain Subway said Tuesday its shareholders are exploring a possible sale of the company. Subway has retained JP Morgan to advise on the...

Sandwich shop chain Subway said Tuesday its shareholders are exploring a possible sale of the company. Subway has retained JP Morgan to advise on the process, but said there are no guarantees that a sale will occur. “The company does not intend to make any further public comment regarding the process until it has been completed,” it said in a statement.

Sandwich shop chain Subway said Tuesday its shareholders are exploring a possible sale of the company. Subway has retained JP Morgan to advise on the process, but said there are no guarantees that a sale will occur. “The company does not intend to make any further public comment regarding the process until it has been completed,” it said in a statement.

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