CEO of Inspire Brands on Arby's Acquisition of Buffalo Wild Wings
Paul Brown, CEO of Inspire Brands, discusses Arby's recent acquisition of Buffalo Wild Wings, spawning the launch of multi-brand restaurant owner-operator Inspire Brands.
The new company includes Arby's, Buffalo Wild Wings, and R Taco restaurants. Brown teases potential future acquisitions and discusses the possibility of the company going public. We talk about the growth potential of Inspire Brands both globally and domestically.
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to discuss what traders are expecting from consumer spending ahead of the holidays and how they're positioning themselves following the latest inflation data and mortgage rates.