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Jersey Mike’s Subs is worth $8 billion after a huge investment from Blackstone | CNN Business

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Summary
Nutrition label

73% Informative

Blackstone has acquired a "majority ownership position" in Jersey Mike's , a source says.

Jersey Mike’s founder and CEO Peter Cancro will remain with the company in the leadership position.

The deal is the largest since Subway sold itself to private equity firm Roark Capital last year for $9.6 billion .

VR Score

69

Informative language

67

Neutral language

18

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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