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Inspire Brands’s latest deal will broaden its scope into burgers
Arby’s owner Inspire Brands Inc. said it is buying burger chain Sonic Corp. for $2.3 billion including debt, part of its strategy to guard against restaurant-business fads and downturns by covering the dining spectrum from takeout to sit-down.
Inspire was created in February from the merger of Arby’s Restaurant Group and Buffalo Wild Wings. The private company also owns a small chain called Rusty Taco.