Arby's Buys Restaurant Chain With A Dozen MA Locations

Fast food chain Arby's is buying football-centric restaurant Buffalo Wild Wings, the companies announced Tuesday. The roast beef conglomerate will pay approximately $2.9 billion and absorb Buffalo Wild Wings' net debt.

Buffalo Wild Wings was founded in 1982 and is headquartered in Minneapolis. When the transaction is finalized, Buffalo Wild Wings will be a privately-held subsidiary of Arby's and will continue as an independent brand. There are currently more than 1,250 Buffalo Wild Wings locations in 10 countries.

"Buffalo Wild Wings is one of the most distinctive and successful entertainment and casual dining restaurant companies in America," Paul Brown, Chief Executive Officer of Arby's, said in a statement. "We are excited to welcome a brand with such a rich heritage, led by an exceptionally talented team. We look forward to leveraging the combined strengths of both organizations into a truly differentiated and transformative multi-brand restaurant company."

Roark Capital, the parent company of Arby's, also has significant ownership of Auntie Anne's Carvel and Jimmy John's, CNNMoney reported. Buffalo Wild Wings has 12 locations in Massachusetts:

1. Seekonk: 120 Highland Ave.
2. Dartmouth: 186 N Dartmouth Mall
3. Mansfield: 321 School St.
4. Brockton: 500 Westgate Dr.
5. Hanover: 1775 Washington St.
6. Braintree: 250 Granite St.
7. Danvers: 100 Independence Way
8. Saugus: 180 Main Street
9. Burlington: 15 South Ave.
10. Fitchburg: 150 Whalon
11. Shrewsbury: 476 Boston Turnpike
12. Chicopee: 480 Memorial Drive

Photo credit: AP Photo/Wilfredo Lee, File

William Bornhoft (Patch Staff) contributed to this report.