I’D LIKE FRIES WITH THAT: Whataburger hires Morgan Stanley to explore possible sale.
Orange-and-white beacon and Texas chain Whataburger has hired financial services company Morgan Stanley to explore expansion and a possible sale, the San Antonio Business Journal reports.
The possibility of a sale was first reported by Reuters earlier this month. According to the news organization, the chain, which boasts more than 800 locations nationwide, could be valued at more than $6 billion.
The spicy ketchup alone is worth that much.