“Whataburger says it plans to ‘explore our options’ including a potential sale. Here’s what that means”
Beloved Texas fast-food chain Whataburger confirmed this week that it’s exploring options to expand the company, which could potentially include a sale.
…Amy Curtis of the Dallas law firm Thompson & Knight says Whataburger is a healthy company by all known measures, which means the Journal’s report could prove to be positive for the chain.
“As opposed to looking at a complete sale of the company, they might be looking for a way to raise some additional capital to assist with expansion,” said Curtis, who has experience with mergers and acquisitions.