Report: Jimmy John’s scraps IPO plan

Report: Jimmy John’s scraps IPO plan

Sandwich chain came close to an offering but opted to remain private

Jimmy John’s has reportedly scrapped plans for an initial public offering shortly before marketing the offering with potential investors, according to Bloomberg.

Jimmy John Liautaud, who owns a majority of the Champaign, Ill.-based sandwich chain, told the publication that he scrapped the plan in October so he could focus on running the

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