Blackstone-Backed Jersey Mike’s Submits Confidential IPO Filing

Jersey Mike’s Subs, the sandwich chain with more than 3,000 locations, submitted a confidential filing with the US Securities and Exchange Commission for its initial public offering.

The Blackstone Inc.-backed company said in a statement that the number of shares to be offered and the price range for the proposed offering have not yet been determined.

The company is working with Morgan Stanley, JPMorgan Chase & Co., and Jefferies Financial Group Inc. and seeking to complete a first-time share sale as soon as the third quarter of this year, Bloomberg News has reported.

Jersey Mike’s ...