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Sandwich chain Jersey Mike’s files for IPO as Blackstone eyes windfall

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NEWSDECK ANALYSIS
Jersey Mike's is a US-based sandwich chain founded in 1956, known for its submarine-style sandwiches and a loyal customer base. The company has expanded significantly in recent years, with over 2,000 locations across the United States and abroad. A successful initial public offering (IPO) would not only provide a financial windfall for Blackstone, but also mark a major milestone in Jersey Mike's growth and expansion plans.
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Sandwich chain Jersey Mike’s files for IPO as Blackstone eyes windfall
Private equity group targets valuation of up to $12bn for purveyor of cheesesteaks and cold-cut heroes
2 Jul, 18:54
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