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05-30-2011, 09:35 PM

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Jollibee buys US Chowking franchise

From time to time we like to post news articles related to fast food franchises. Here is a news article about Jollibee buys US Chowking franchise

JOLLIBEE Foods Corp. (JFC) has acquired all Chowking stores in the United States. In a disclosure to the Philippine Stock Exchange, the fast-food giant said its wholly owned subsidiary, Tokyo Teriyaki Corp., finalized last week the purchase of 20 Chowking stores from Fortune Food Service Co. and its related companies for $16 million. The Fortune [...]

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