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OPINIONFinancing

Fat Brands, a ‘publicly-traded private equity firm,’ focuses on strategic deals

The Bottom Line: The owner of Twin Peaks, Johnny Rockets and Fazoli’s has shifted its attention to more targeted acquisitions and could spin off or sell some assets.

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Subway wants the world to eat a lot more sandwiches

The fast-food sandwich chain wants to add 24,000 international restaurants to catch up with other quick-service brands. But the company is also pushing big changes to grow its U.S. business.