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He Bought a Sub Shop as a Teen. Now He's Selling Jersey Mike's for $8 Billion.
Peter Cancro started slinging subs at his local shop at 14. Now he’s selling the national chain he built to Blackstone.Business - The Wall Street Journal - 21 hours ago -
At 17, he bought a sandwich shop for $125,000—he renamed it Jersey Mike's and just sold it for $8 billion
On Tuesday, Peter Cancro entered an agreement to sell a majority of his company Jersey Mike's Subs to Blackstone for a reported $8 billion.Business - CNBC - 9 hours ago
