Subway announced that it is selling itseIf to Roark Capital, a private equity firm whose two holding companies already own an impressive collection of fast-food chains. Roark-owned brands include Dunkin’, Carvel, Jimmy John’s, Arby’s, Cinnabon, and Buffalo Wild Wings–and that’s just a partiaI list.
Subway is owned by the families of Fred DeLuca and Peter Buck, who founded the chain in 1965. At the time, Buck was 34. DeLuca was 17 and trying to raise money for college. Buck Ient him $1,000 and suggested they start a sandwich shop.
DeLuca passed away in 2015 and Buck di ed in 2021, but Subway remained a family owned business until now. It must have been a wrenching decision to give up ownership of the chain. But however they may feel about it, the families seem to have negotiated the best possibIe deal for the chain. Every business owner looking to sell can learn from their approach.
Our story begins back in February, when the families hired JPMorgan Chase as an adviser to explore a sale. At the time, the families reportedIy wanted $10 billion for one of the world’s two largest fast-food chains.
But it’s been a bad year for acquisitions so far, and some observers noted that the chain has been losing ground to newer rivaIs such as Firehouse Subs in recent years. With its shares of U.S. sandwich sales down from 34 percent in 2017 to 23 percent today, some questioned whether Subway was really worth $10 billion.
YOU WON’T BELIEVE HOW THE ‘MELROSE PLACE’ HEARTTHROB LOOKS AT 62 – HIS GRAY BEARD WILL SHOCK YOU
A former “Melrose Place” star has surprised fans with new photos showing him with a gray beard and noticeable wrinkles. At 62, the actor, who was once a TV heartthrob, is now embracing the natural aging process. His recent look has gotten a lot of attention online, with many fans admiring his rugged, mature appearance.
This ’90s TV star was known for his good looks and charm. Fans have watched him grow over the years, but his latest transformation has caught them off guard.
From his early days on television to his current status as a silver-haired star, this actor’s journey is more fascinating than it seems.
The Rise of a TV Heartthrob
Born in Detroit and raised in northern California, the actor’s journey to fame wasn’t always glamorous. His mother, Kathleen, worked as a systems analyst. Despite her demanding job with early mornings and long hours, she made sure to teach her children the value of education and hard work. Her dedication laid the groundwork for the actor’s future success.
In 1984, by his early 20s, the actor got his big break when he landed the role of Rick Hyde on the daytime soap opera *Ryan’s Hope*. He played this role until 1987, earning an Emmy nomination and setting the stage for his future in entertainment.
The following year, he landed another role as Gregory Prince III in an episode of *ABC Afterschool Specials*. This teen drama series often tackled social issues of the day.
This role made him a major TV star and turned him into a heartthrob of the ’90s. His portrayal of a tough, motorcycle-riding contractor won over many fans and made him one of the most recognizable faces on television.
As time has passed, the actor has grown from a youthful heartthrob into a mature figure in Hollywood. The days of the clean-shaven, charming Jake Hanson are long gone.
Unlike some actors who try to fight aging, this actor has fully embraced it. Now, he sports a full gray beard and natural wrinkles, giving him a distinguished look that shows his life experience and wisdom.
His recent photos have stirred a lot of attention online. Fans have reacted with admiration, praising his natural and elegant appearance on social media.
People were surprised and impressed when they saw his recent photos. One person on Instagram said, “He sure is a handsome man,” and another shared their love for “Dynasty,” saying, “How obsessed I am with ‘Dynasty’ and you all.”
Fans noted how his charm has lasted over the years. One commented, “Most handsome man in Hollywood. I watched you on ‘Melrose Place’ and kept watching because of you. You were very attractive then, and you still are. You’ve aged gracefully.”
Another fan simply said, “Handsome man, omg.” On X (formerly Twitter), a user expressed their amazement, writing, “So Grant Show is 62 years old and still looks like this?!???”
Comments like “Grant looks stunning with a gray beard” and “He has aged gracefully” show that people appreciate how he has embraced aging naturally and feel it has only enhanced his appeal.
Six months later, they met again in Vancouver, and this time their bond grew stronger. They started as friends, and after about eight weeks of dating in Los Angeles, they became a couple.
A year later, they got engaged and had a one-month engagement before marrying in a rustic California ceremony on August 18, 2012. Besides acting, LaNasa is a former ballet dancer and choreographer.
She had a successful Hollywood career with roles in movies like “Alfie” (2004), “Valentine’s Day” (2010), and “The Campaign” (2012). On TV, she starred in the NBC sitcom “Three Sisters” (2001) and the drama series “Deception” (2012) as the glamorous socialite Sophia Bowers.
Their relationship quickly became a significant part of his life. The actor often talks about LaNasa with great love. She once compared her to his caring grandmother, Blanche, who played a key role in his upbringing.
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In 2013, almost a year after they got married, the actor and his wife were trying to start a family. He mentioned, “We are working on it — practice, practice, practice.” They knew it might be a bit tricky because of their age, but they were determined to make it happen.
Despite his character Spence Westmore on “Devious Maids” dealing with romantic issues, the actor joked that they were keeping their marriage exciting both inside and outside the bedroom.
He said that they did everything together, from playing golf to shopping, and highlighted how important it was to keep the romance alive in their relationship.
Their efforts paid off when they had a baby girl, Eloise McCue Show, in March 2014. They were thrilled and said, “We are truly blessed to have such a healthy and beautiful baby girl.”
The actor, producer, and director has continued to work while balancing his family life. His most recent role was as Blake Carrington on the TV show “Dynasty,” which aired from 2017 to 2022.
At 62, he still cherishes his past role. He recently reunited with his former “Melrose Place” co-stars — Daphne Zuniga, Laura Leighton, and Courtney Thorne-Smith — to look back on their time together on the show.
The reunion took place on the “Still The Place” podcast, where the former “Melrose Place” stars looked back at their time on the show. They shared cherished memories, talked about how “Melrose Place” affected their lives, and reminisced about the strong connections they built while working together.
The actor talked about how playing Jake Hanson made him famous and helped him make lifelong friends. He and his former co-stars shared laughs and fond memories, showing how strong their bond was from their time on and off the “Melrose Place” set.
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