Arby's Is Buying Sonic

(Atlanta, GA)  --  Arby's parent  company is buying drive-in chain Sonic in a  two-point-three-billion-dollar deal. 

The parent company, Inspire brands,  was created by a private equity firm as a holding company when Arby's  bought Buffalo Wild Wings earlier this year.  Sonic's sales at new  locations have been declining for the past few quarters.  Inspire also  owns Rusty Taco, a fast food Taco restaurant chain in six states. 

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(Photo by Tim Boyle/Getty Images)

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