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…
State Farm Arena a box office draw
Downtown Atlanta’s State Farm Arena is quite the box office draw. How big? From October to to March, State Farm brought in $76.2 million across 60 events, making it the third-highest grossing venue in the entire nation, behind only New York’s Madison Square Garden and the Sphere in Las Vegas, and fifth globally. Nearly 600,000 visitors took in performances from superstars ranging from Blake Shelton to Usher, plus Hawks games and events like WWE Raw. State Farm’s status as one of the premier performance venues in the world is RISING…
