Jack in The Box Acquires Del Taco | What's It Mean For JACK & TACO Stock

Known for its whimsical nature, quick-serve burger chain Jack in The Box (JACK) is thinking outside the box by acquiring Mexican restaurant chain Del Taco (TACO) for $575 mln in cash. The $12.51/share purchase price represents a whopping 66% premium over Friday's close, perhaps explaining why JACK investors are feeling some indigestion over this transaction.

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