Subway explores sale that could value sandwich chain at more than $10 billion

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Laura Cooper, The Wall Street Journal
Sandwich chain Subway has retained advisers to explore a sale of the closely held company, according to people familiar with the situation (Photo: AP)Premium
Sandwich chain Subway has retained advisers to explore a sale of the closely held company, according to people familiar with the situation (Photo: AP)

Biggest restaurant chain by US locations is in the midst of a turnaround