McDonald's Once Owned 90% Of Chipotle: Why It Sold Stake Too Early, Missed $73 Billion Opportunity

Benzinga · Oct 23 23:11

Fast-food giantMcDonald's Corporation(NYSE:MCD) is one of the most valuable restaurant companies in the world, valued at more than $225 billion and consistently putting out quarterly results with billions of dollars in revenue.

It turns out that the company could have been even more valuable if it had retained its ownership stake inChipotle Mexican Grill(NYSE:CMG).

McDonald's Ownership of Chipotle: McDonald's invested in several restaurant companies during the late 1990s and early 2000s including taking an initial stake in Chipotle in 1998.

The fast-food giant was instrumental in Chipotle's rapid expansion, helping to grow...

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McDonald's Once Owned 90% Of Chipotle: Why It Sold Stake Too Early, Missed $73 Billion Opportunity

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