Jack in the Box Pushes Qdoba Out of the Box
In this segment of the Market Foolery podcast, host Mac Greer, Total Income's Ron Gross, and Million Dollar Portfolio's Jason Moser reflect on a fast-food divorce: Jack in the Box (NASDAQ: JACK) has decided to get out of fast-casual Mexican, and Apollo Global (NYSE: APO) was there to help, offering $305 million for the Qdoba chain. Is this a smart move for Jack? Did the buyer overpay for this value meal?
A full transcript follows the video.
Source: Fool.com
