re: Jersey Mike's bought by private equity firm

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Blackstone will replace with cheaper spokesman, Danny Bonaduce

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Damn. Who would have thought time would have been kinder to Danny Devito than Danny Bonaduce?

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The fact that Blackstone is considered a private equity firm is ridiculous..

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I'd be interested in hearing what you even think you mean by this preposterous remark.

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lower quality ingredients,

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Sorry to burst your bubble, but here's what they are ALREADY using in their "food":

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Ingredient Contents
Boiled Ham (Ham cured with water dextrose, contains 2% or less of: salt, sugar, sodium phosphates, sodium ascorbate, sodium erythorbate)
Provolone Cultured pasteurized milk, salt and enzymes.
White Bread WHITE SUB (Enriched flour (wheat flour, unbleached, unbromated, niacin, reduced iron, thiamin mononitrate, riboflavin, enzyme, folic acid), water, yeast, contains 2% or less of: salt, soybean/canola oil, cane sugar, DATEM, calcium sulfate, ammonium sulfate, monoglycerides, ascorbic acid, enzymes) OR (Enriched flour (niacin, reduced iron, thiamine mononitrate, riboflavin, folic acid), water, yeast, salt, soybean oil, sugar, dough conditioner (guar gum, sugar, sodium stearoyl lactylate, DATEM, wheat flour, non-gmo canola oil, mono & diglycerides, ascorbic acid, enzymes)) OR (Wheat flour enriched (wheat flour, niacin, reduced iron, thiamine mononitrate, riboflavin, folic acid, malted barley flour), water, yeast, salt, soybean oil, sugar, vital wheat gluten, dough conditioner (enriched flour (wheat flour, niacin, reduced iron, thiamine mononitrate, riboflavin, folic acid), ascorbic acid, enzymes)) OR (Flour (wheat flour, malted barley), water, yeast, contains less than 2% of each of the following: salt, sugar, soybean oil, wheat gluten, enriched flour (wheat flour, niacin, reduced iron, thiamine mononitrate, riboflavin, folic acid), ascorbic acid, enzymes)
Red Wine Vinegar (Red wine vinegar reduced with water to 5% acidity, naturally occurring trace elements of sulfites)
Olive Oil Blend Vegetable oil (canola and/or soybean oil), olive oil

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Imagine going to get a simple sandwich and instead being served this pile of industrial seed oils and unpronounceable "ingredients". Even their "olive oil" is actually adulterated with disgusting factory rapeseed oil.

What exactly do you expect to worsen from this already filthy list? You have low standards, evidently.

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I’m so pissed off. They ruin everything.
They bankrupted my wife’s company.
frick PE

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You sound like you know what you're talking about.

Probably the same people. Maybe it's his brother.

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Has a PE firm ever actually improved a restaurant franchise?

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PE has never improved anything — unless it’s a “special situation” (ie real fricked up).

If it’s a “good company” they will inevitably squeeze every last dollar out of the cost structure to juice EBITDA before exiting.

RIP!

I think bad frozen seafood “ruined” red lobster. How they stayed open for so long at lakeside is beyond me.

DP