WSJ News Exclusive | Subway Sale Process Heats Up as Bidders Head to Second Round

An auction of the Subway sandwich chain is heating up as suitors head toward a second round of bidding

, people familiar with the matter said.

More than 10 possible suitors, including some big names in private equity, are conducting due diligence that should draw to a close by the end of this month, the people added. Final bids will likely be due around then and a buyer could emerge by the end of May, the people said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WSJ News Exclusive | House GOP Subpoenas FTC for Twitter Investigation DocumentsThe Republican-led House Judiciary Committee subpoenaed the FTC for documents related to the agency’s privacy investigation of Twitter
Read more »

WSJ News Exclusive | Death of Soldier at Fort Hood Draws Senators’ ScrutinyA bipartisan group of senators is pressing the commanding general of Fort Hood for answers about the death of a female Army private there in March
Read more »

WSJ News Exclusive | U.S. Steps Up Effort to Fight Against Russian DisinformationThe State Department is stepping up efforts to push back against the Kremlin’s disinformation campaign, even as Russian propagandists have sought to exploit the extensive leak of purported classified information
Read more »