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RaceTrac Acquires Potbelly for $566 Million

RaceTrac will acquire Potbelly for $566 million, at $17.12 per share, in an all-cash transaction. The deal, expected to close in Q4 2025, will add the iconic sandwich shop to RaceTrac's portfolio of convenience-driven brands.

RaceTrac Acquires Potbelly for $566 Million
“Potbelly Sandwich Works” by brewbooks, CC BY-SA 2.0

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