Subway has hired a former Burger King executive as its new CEO. The Miami-based sandwich chain said Monday that Jonathan ...

A trio of friends — all high school dropouts — scraped together $900 in 2017 because they believed that their Nashville-style fried chicken stand was the future.

A trio of friends — all from L.A.’s Armenian community, and all high school dropouts — scraped together $900 in 2017 because ...

Roark Capital, which owns Subway has closed a $1 billion deal to purchase Dave's Hot Chicken, according to PennLive.

A popular new chicken chain says it has been acquired by a private equity firm that also owns Subway.

Roark Capital, a private equity firm that also owns Subway, has acquired a majority stake in Dave's Hot Chicken for about $1 billion.

Dave’s Hot Chicken said Monday it has been acquired by the private equity firm Roark Capital in a deal valued at $1 billion. Dave’s Hot Chicken got its start in 2017 as a popup in a Los ...

Investors in Dave’s Hot Chicken have included the rapper Drake, who gives away hot chicken sliders every year on Oct. 24, his birthday. Atlanta-based Roark specializes in franchised businesses.

Dave’s Hot Chicken got its start in 2017 as a popup in a Los Angeles parking lot. It has grown exponentially since then and expects to end this year with 400 restaurants worldwide.

But Roark Capital, which owns Subway, is going to have $1 billion less of those bucks in the short-term because it has reportedly closed a deal to buy Dave’s Hot Chicken.