Jack in the Box Inc. has completed the sale of Del Taco Holdings Inc. to Yadav Enterprises Inc. for approximately $119 million, subject to post-closing working capital and other adjustments. Of the total consideration, Jack in the Box received about $109 million in cash and the remaining $10 million in the form of a 21-day promissory note accruing interest at an 8% annual rate, fully guaranteed by Anil Yadav, founder and CEO of Yadav Enterprises. The company stated that this transaction is part of its ongoing plan to simplify its business model and reduce debt.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jack in the Box Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251222118321) on December 22, 2025, and is solely responsible for the information contained therein.
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