Sbarro Disappears Into the Corporate MawGiven how generic and fast food–y Sbarro is, news that the Long Island–based chain was just bought by a private-equity firm probably isn’t breaking too many hearts. But believe it or not, the Sbarro family has owned and operated the business for the last 50 years; it now joins Nathan’s, Blimpie’s, Carvel, and a growing number of other New York–area businesses run as franchise “brands” from a central office. At this rate, we could be seeing Carnegie Delis and Momofukus in food courts across the country. Or perhaps we’re just lapsing into fantasy again.
MidOcean Partners Announces Agreement to Acquire Sbarro, Inc. [New York dBusiness News]