Subway announced that it is selling itseIf to Roark Capital, a private equity firm whose two holding companies already own an impressive collection of fast-food chains. Roark-owned brands include Dunkin’, Carvel, Jimmy John’s, Arby’s, Cinnabon, and Buffalo Wild Wings–and that’s just a partiaI list.
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Subway is owned by the families of Fred DeLuca and Peter Buck, who founded the chain in 1965. At the time, Buck was 34. DeLuca was 17 and trying to raise money for college. Buck Ient him $1,000 and suggested they start a sandwich shop.
DeLuca passed away in 2015 and Buck di ed in 2021, but Subway remained a family owned business until now. It must have been a wrenching decision to give up ownership of the chain. But however they may feel about it, the families seem to have negotiated the best possibIe deal for the chain. Every business owner looking to sell can learn from their approach.
Our story begins back in February, when the families hired JPMorgan Chase as an adviser to explore a sale. At the time, the families reportedIy wanted $10 billion for one of the world’s two largest fast-food chains.
But it’s been a bad year for acquisitions so far, and some observers noted that the chain has been losing ground to newer rivaIs such as Firehouse Subs in recent years. With its shares of U.S. sandwich sales down from 34 percent in 2017 to 23 percent today, some questioned whether Subway was really worth $10 billion.
Donna Mills Defied the Odds at 54 – Meet Her Beautiful Daughter Who’s Now Pregnant at 30!
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Donna Mills has always done things her own way, both in Hollywood and in her personal life. At 54, she made the bold choice to become a mother, even though some people doubted her ability to raise a child at that age. Now, 30 years later, she is excited to become a grandmother.
For many years, Donna Mills was a well-known face in Hollywood, famous for her roles on popular TV shows and her passion for acting. But she had a strong desire for something more. This led her to step away from her successful career and embrace motherhood, even when many thought it was too late.
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Although some people were surprised by her choice, Donna’s determination remained strong. Her child became the most important part of her life, and she has treasured being a mother more than any other role.
Now, as her life comes full circle, Donna is about to become a grandmother. Her story is one of perseverance, love, and defying what society expects.
Defying Society’s Expectations and Choosing Motherhood
When Donna decided to adopt her daughter, Chloe, at 54, many people were doubtful. They thought she was too old to raise a child and often said things like, “You’ll be too old to keep up with a little toddler running around.”
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But Donna didn’t let these doubts stop her. Despite the criticism, she was sure she could handle it. “I never felt older than the other mothers, who were probably in their 20s,” she said.
Before adopting Chloe, Donna was deeply focused on her acting career. She had become well-known in Hollywood, starring in shows like *Knots Landing*. However, despite her success, she felt something was missing. “I was jealous every time I saw a kid run up to their mom and say ‘mommy, mommy!’” Donna once admitted.
The desire for a child grew stronger over time, and Donna knew her life wouldn’t feel complete without one. “As wonderful as my career was, as wonderful as my life was, there was a big hole,” she explained.
Putting Her Career on Hold for 18 Years
After adopting Chloe, Donna made a surprising and significant choice. She stepped away from her thriving acting career for 18 years to focus completely on being a mother. At first, Donna managed to balance both work and parenting.
During Chloe’s early years, Donna accepted roles in TV movies and took her daughter along with her wherever she went. However, when Chloe started school, Donna realized she couldn’t keep up the same pace with her career.
“I wasn’t going to go out of town for two months at a time,” Donna explained. “I didn’t become a mother to hand her over to a nanny.”
Although stepping away from the career she had worked so hard to build was a big change in her life, Donna never regretted it. She has even encouraged others to think about having children later in life, sharing her belief that it helped her be more present and focused as a mother.
“If you want to focus on your career, I believe having a child later in life is better than having one early,” she advised. For Donna, her decision to adopt Chloe at 54 gave her the chance to give motherhood her full attention, something she felt wouldn’t have been possible earlier in her career.
Donna Mills is also excited for this next chapter, knowing that the strong bond she built with Chloe will now extend to the next generation.
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