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Cava Group, backed by investors including Panera Bread founder Ron Shaich, is acquiring restaurant chain Zoe's Kitchen Inc. (NYSE: ZOES) for about $300 million, as Americans spend more money at restaurants.
President Trump taps Cerberus founder Stephen Feinberg to head President Trump's Intelligence Advisory Board; Tyson buys companies to meet sustainability goals.
Restaurants are scrambling to meet new demands from diners who want cuisine they believe is healthy, responsibly-sourced, budget-friendly and fast. Sandwich shop Jimmy John's are among some notable investments.