Following the close of the transaction, Buffalo Wild Wings will be a privately-held subsidiary of Arby’s.
Arby’s Restaurant Group, Inc., Atlanta, acquired Buffalo Wild Wings, Inc., Minneapolis, for approximately $2.9 billion.
“Buffalo Wild Wings is one of the most distinctive and successful entertainment and casual dining restaurant companies in America,” says Paul Brown, chief executive officer of Arby’s. “We are excited to welcome a brand with such a rich heritage, led by an exceptionally talented team. We look forward to leveraging the combined strengths of both organizations into a truly differentiated and transformative multi-brand restaurant company.”