Author: newyork-news
Jersey Mike’s, the rapidly increasing sandwich chain, is being acquired by the personal fairness agency Blackstone. The transaction is “intended to help enable Jersey Mike’s to accelerate its expansion across and beyond the U.S. market,” the businesses mentioned Tuesday, in addition to support ongoing technological investments. Below phrases of the settlement, Jersey Mike’s founder and CEO Peter Cancro will proceed to guide the enterprise and maintains a “important fairness stake” within the chain. Blackstone and Jersey Mike’s didn’t instantly disclose monetary phrases of their Tuesday announcement. However The Wall Road Journal reported that the deal would worth Jersey Mike’s at round $8…
When fielding reporters’ questions in regards to the myriad of prison investigations surrounding Metropolis Corridor, Mayor Eric Adams steadily encourages his employees with a favourite chorus. “Stay focused, no distractions and grind,” he says. However paperwork reviewed by the NBC New York I-Group counsel the town’s municipal workforce could also be extra distracted than ever – by facet jobs with personal sector corporations which have enterprise dealings with the town. In keeping with an evaluation of waivers granted by the New York Metropolis Conflicts of Curiosity Board, a mean of 748 workers per 12 months have obtained authorization to personal…