Industry News | December 15, 2005

Quiznos To Be Sold

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Family-owned submarine sandwich chain Quiznos may soon be up for sale, The New York Times reports.

The company, which could fetch as much as $2 billion, has hired Goldman Sachs to help it find buyers and study alternatives. Quiznos and its advisers have recently sent out material to prospective buyers, according to people who have received it, and preliminary offers are expected in January, the newspaper reports today.