Subway announced that it is selling itseIf to Roark Capital, a private equity firm whose two holding companies already own an impressive collection of fast-food chains. Roark-owned brands include Dunkin’, Carvel, Jimmy John’s, Arby’s, Cinnabon, and Buffalo Wild Wings–and that’s just a partiaI list.
Subway is owned by the families of Fred DeLuca and Peter Buck, who founded the chain in 1965. At the time, Buck was 34. DeLuca was 17 and trying to raise money for college. Buck Ient him $1,000 and suggested they start a sandwich shop.
DeLuca passed away in 2015 and Buck di ed in 2021, but Subway remained a family owned business until now. It must have been a wrenching decision to give up ownership of the chain. But however they may feel about it, the families seem to have negotiated the best possibIe deal for the chain. Every business owner looking to sell can learn from their approach.
Our story begins back in February, when the families hired JPMorgan Chase as an adviser to explore a sale. At the time, the families reportedIy wanted $10 billion for one of the world’s two largest fast-food chains.
But it’s been a bad year for acquisitions so far, and some observers noted that the chain has been losing ground to newer rivaIs such as Firehouse Subs in recent years. With its shares of U.S. sandwich sales down from 34 percent in 2017 to 23 percent today, some questioned whether Subway was really worth $10 billion.
«This Is Why Celebrities Need To Stop Using Filters.» People Didn’t Recognize Jennifer Lopez in a Recent Interview
Jennifer Lopez shook the world with the news of her new album «This Is Me… Now». Recently, she gave an interview that immediately went viral. However, it’s not just about J.Lo’s music but also her appearance. People everywhere started discussing her «unrecognizable» face.
Why ’This Is Me… Now’ may be her final album.
In a recent interview, Jennifer Lopez shared some surprising news for fans eagerly awaiting her upcoming album, “This Is Me… Now”. The multi-talented star hinted that this album might signal the end of her music career.
Discussing the album’s creation process, Lopez revealed that they explored various album cover designs to create something special for her fans, ensuring they had collector’s items to cherish. However, she admitted uncertainty about her future in music, stating that she doesn’t know if she’ll ever make another album after this one.
In a light-hearted moment, Lopez jokingly mentioned not wanting her manager Benny Medina to know about her thoughts, saying, “Don’t tell Benny that that’s what I’m thinking — this might be my last album ever.”
Reflecting on her previous album, “This Is Me… Then,” released 22 years ago during her relationship with Ben Affleck, Lopez acknowledged the evolution of her personal and professional life since then. Despite the possibility of this being her final album, she remains open to new opportunities, emphasizing that while she would “never say never,” she put her heart and soul into this project and feels fulfilled. For Lopez, “This Is Me… Now” symbolizes the end of one era and the beginning of another.
The star had a minimal makeup look.
Dressed elegantly in all-black with gold hoop earrings, Lopez looked stunning as she shared insights about her latest projects. However, her appearance sparked mixed reactions. Some viewers found her look “unrecognizable” and “different” from her usual glamorous style.
Comments on social media platforms reflected a mix of opinions on Jennifer Lopez’s recent interview appearance. Some viewers were taken aback by her minimal makeup, with comments like, “Her eyes look weird,” and “Where are her eyelashes?” questioning the departure from her usual glamorous style. Others speculated about possible reasons for her appearance, with remarks like, “What happened to her face?” and “She looks tired.”
Fans flocked to the comments section to share their thoughts. «I feel like she did her own makeup… Like she didn’t even put on lashes, or at least mascara…like she tried it!».
«Now understand when my grandma told me once, literally one day you wake up and you start looking your age. Her day got here,» commented one. «This is why celebrities need to stop using filters. Once you see the real them, it shocks us how „old“ they look. JLo looks great for her age,» added another.
However, amidst these critiques, there were also positive reactions, with some praising Lopez’s overall look as «beautiful» and «gorgeous.» These comments show how people see things differently when it comes to celebrities. Some might not like changes from the norm, while others appreciate authenticity and natural beauty.
«She’s 54! Get over it! She’s got a lil wrinkle here and there…she looks great even with less makeup,» one wrote.«She looks beautiful embracing her age she looks more natural and more her age she’s glowing,» added another.
Someone wrote that people will always find something to criticise celebrities for. «If she wears too much makeup people say ’Why is she wearing so much make up? Why is she trying to be young?’ And still hate when her makeup is minimal!»
She also talked about her husband Ben Affleck.
Lopez also shared that her recent reunion with her husband, Ben Affleck, inspired her to return to songwriting. She mentioned that music tends to flow more when she’s happy and in love. Affleck’s unwavering support was pivotal during the creative process, as Lopez referred to him as her “biggest fan and cheerleader.” Therefore, the album holds sentimental value for her, symbolizing a chapter in both her love life and career.
Some comments suggested that Affleck had caused Lopez to appear older. One commenter wrote, “Ben has aged her,” while another remarked, “She seems fixated on Ben.” Conversely, others disagreed, highlighting Lopez’s natural beauty regardless of whether she was dressed up or in more casual attire.
Jennifer Lopez has been at the peak of fame for over 20 years, and every move she makes is discussed worldwide. Her personal life is no exception. Recently, people started questioning why Ben Affleck looks unhappy in photos with his wife. JLo couldn’t withstand the scrutiny and provided an answer.
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