Potbelly Corp. Stock News

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Potbelly Corporation (NasdaqGS: PBPB) to RaceTrac, Inc. Under the terms of the proposed transaction, shareholders of Potbelly will receive $17.12 in cash for each share of Potbelly that they own. K...

Sandwich maker Potbelly is being acquired by the gas station and convenience store chain RaceTrac for $566 million.

RaceTrac agreed to buy sandwich chain Potbelly Corp for approximately $566 million on Wednesday, in a rare move for a convenience store operator to buy out a restaurant brand.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Potbelly Corporation (NASDAQ: PBPB) to RaceTrac, Inc. for $17.12 per share in cash is fair to Potbelly shareholders. Halper Sadeh encourages Potbelly shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-006...

Potbelly announced it is being acquired by convenience-store operator RaceTrac in a $566 million deal. RaceTrac is a family-owned company headquartered in Atlanta operating more than 800 convenience stores across 14 states.

MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating Potbelly (NASDAQ: PBPB) for possible breaches of fiduciary duty and other violations of law in its transaction with a RaceTrac. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. Shareholders of Potbe...

The $566 million deal is expected to close this year. The companies don't plan to ‘put a Potbelly in every RaceTrac.

Potbelly continues to outperform, beating expectations for six straight quarters and raising guidance, driven by strong same-store sales and robust franchise expansion. Strategic initiatives like Potbelly Perks, value-focused menu additions, and the FGA franchise model are accelerating growth and improving unit economics. Potbelly's debt-free balance sheet, strong free cash flow, and buybacks p...