Atlanta-based private equity firm Roark Capital on Thursday announced its purchase of sandwich chain Subway for an undisclosed amount – rumored to be around $9.6 billion. Subway has struggled in recent years since its peak in 2015, but still operates 20,576 stores in the U.S., with another 17,000 international locations across more than 100 countries. Roark is no stranger to operating fast food chains – it owns Sonic, Arby’s, and Dunkin’, among others. The massive acquisition has the private equity giant RISING…
Proposed Fulton Co. property tax hike
Fulton County homeowners let out a collective groan Monday following the announcement that property taxes will be increasing by more than 12% over the rollback millage rate. The hike, per the over the Fulton County Board of Commissioners, is to increase funding for the 2025 General Fund. The county will host three public meetings to discuss the plan with the public before the millage rate is set, but the likely tax hike has Fulton homeowners SINKING…
