Restaurant M&A is revived with a Potbelly takeover

3 hours ago 1
Potbelly Sandwich Shop

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Potbelly Corporation (NASDAQ:PBPB) jumped 31.6% in Wednesday morning trading to $17.02 after the restaurant company accepted an offer from RaceTac to be acquired at $17.12 per share. The acquisition is expected to close in the fourth quarter. Until the transaction closes, both companies will continue

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