Arby's reaches deal to buy Buffalo Wild Wings for $2.4 billion - Spokane, North Idaho News & Weather KHQ.com

Arby's reaches deal to buy Buffalo Wild Wings for $2.4 billion

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MINNEAPOLIS, Minn. -

Have you ever been dining out in a Buffalo Wild Wings and thought, "This is really good, but what if I was at Arby's?"

Or maybe you've been in an Arby's and thought, "This Beef N' Cheddar is so delicious, but I could really use some boneless wings drenched in delicious garlic Parmesan sauce!" 

Well, the idea of an Arby's/BDubs superstore may be a little bit closer to fruition after Arby's announced on Tuesday that it has reached a deal to acquire Buffalo Wild Wings for $2.4 billion in cash. 

"Buffalo Wild Wings is one of the most distinctive and successful entertainment and casual dining restaurant companies in America,” Arby's CEO Paul Brown 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.”

The deal calls for Arby's to pay $157 per share in Buffalo Wild Wings stock. BDubs stock jumped 6.4% to $155.80 Tuesday morning. 

Minneapolis-based Buffalo Wild Wings has more than 1,250 locations in 10 countries. Arby's has more than 3,300 in seven countries.

The deal doesn't mean you'll be able to grab a Beef N' Cheddar AND boneless wings under one roof (yet), but a guy can dream, right? 

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