Jamba Juice parent to sell 41 stores to franchisees

As part of an ongoing refranchising effort, the parent of the Jamba Juice smoothie chain said on Wednesday it had agreed to sell 41 corporate stores to franchisees, reflecting the company’s largest transaction since the initiative began last year.

Terms of the deal, which is expected to close in November, were not disclosed. Jamba’s stock jumped 7.79 percent to $2.49 per share following the announcement, marking the biggest gain on NRN’s Restaurant Sto

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