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Story summary
- Jack in the Box Inc. sells its Del Taco subsidiary to Yadav Enterprises for $115 million.
- The price is far below the $585 million paid in 2022.
- Lance Tucker, CEO of Jack in the Box Inc., expressed confidence that Yadav Enterprises will be the right steward for Del Taco's future.
- The deal covers more than 550 Del Taco locations and is expected to close by January 2026.
