Report: Jack in the Box Exploring Sale

Jack in the Box has entered into preliminary talks with potential buyers about a sale, according to a Reuters report .

Anonymous sources said the 2,400-unit chain initiated conversations with several parties, including private equity firms, earlier this month, though there is no certainty a deal will be reached. Earlier this year, Jack in the Box divested Qdoba for $305 million to private equity firm Apollo Global Management.

Notably, the brand has been publicly at odds with its franchisees over the last few months. Franchisees have requested a CEO change over cuts to franchisee support and marketing and, most recently, filed a formal complaint over proposed lease restructuring.

Maddie has spent her career in the media industry, serving in various editorial roles before migrating into a hybrid content strategy and PR role with No Limit Agency. Her passion for storytelling and love of writing help her create meaningful content on behalf of her clients and fulfill No Limit Agency’s mission to tell people-driven stories. Maddie is a graduate of Saint Louis University, where she studied Communications with a focus in journalism and media studies as well as Sports Business.

In her spare time, Maddie can be found exploring Chicago’s food scene, watching an NBA game or lamenting over her middling fantasy baseball team.