RestaurantNews
Potbelly has entered into a definitive merger agreement with RaceTrac in an all-cash deal valued at approximately $566 million. The acquisition, expected to close in late 2025, will combine Potbelly’s beloved sandwich shops with RaceTrac’s expansive convenience store network.
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Potbelly Corporation to be Acquired by RaceTrac in Approximately $566 Million Transaction
Potbelly has entered into a definitive merger agreement with RaceTrac in an all-cash deal valued at approximately $566 million. The acquisition, expected to close in late 2025, will combine Potbelly’s beloved sandwich shops with RaceTrac’s expansive convenience store network. The post Potbelly Corporation to be Acquired by RaceTrac in Approximately $566 Million Transaction first appeared