Jack In The Box Buying Del Taco For $575 Million – CBS Los Angeles

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Jack In The Box Buying Del Taco For 5 Million – CBS Los Angeles

SEEWALD (CBSLA) – An excellent-large deal was within the works on the quick meals retailer on Monday.

(Credit score: CBS)

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San Diego-based Jack In The Field buys Lake Forest-based Del Taco for $ 575 million.

Del Taco is the second largest Mexican quick meals chain within the nation with greater than 600 eating places.

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The mixed firm can have greater than 2,800 areas in 25 states.

The deal is anticipated to shut early subsequent 12 months.

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The 2 firms had mixed gross sales of $ 740 million in 2020.