Good, Used, Texas Fast Food Restaurant Chain May Be Sold
If you live in Texas, you know Whataburger. They pretty much beat all other fast food competitors, even the national chains, for the best burger bang for your buck. They are as much a part of Texas as things like the Alamo and Shiner Beer. Word now comes that the chain is looking at putting themselves up for sale. According to a report, Whataburger is exploring options through banking and investment firm Morgan Stanley, and according to company officials,
"We have always evaluated the opportunities that can accelerate growth and maintain the success of our brand, and we will continue to do so in the future.”
The news agency Reuters says the chain could be worth as much as $6 billion. Now, before you start freaking out, I seriously doubt any new investors would want to tamper with Whataburger's successful menu and style.