A friend — Tom Ball — just sent me this from The Deal. Seems that the EBIDTA multiple was 7.3 — that’s very high. Still, its less than McDonalds and Wendy’s are trading at.
It’ll be interesting to watch.
“But for the buyer, opportunity abounds. Rival McDonald’s Corp. is trading at a 10 times Ebitda multiple and Wendy’s International Inc. is trading at 9.5…
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