Subway said in a statement that shareholders are exploring a possible sale, and deal could value the chain at more than $10 billion. Read on.
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The announcement confirms earlier reports that the Milford, Connecticut-based company is shopping itself to potential suitors. Bloomberg News reported last month that a deal could value the closely held company at more than US$10 billion.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
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