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Jack in the Box To Restructure, Not Sell; Private Whataburger Seeks Investor To Help It Expand

Written by The Ashton Report

Jack in the Box, which is struggling with both declining sales and very unhappy franchisees, has ended the strategic review process begun last year. It will not sell itself but try to refinance its debt and continue to operate as an independent company. The company’s board also emphatically voiced its support of current CEO Lenny…

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