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.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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