Whataburger hired Morgan Stanley to explore a possible sale.
"Our company is growing and is always attractive to investors, and we’ve brought in Morgan Stanley to help us explore our options. We have always evaluated the opportunities that can accelerate growth and maintain the success of our brand, and we will continue to do so in the future," company officials told the San Antonio Business Journal.
The chain may reportedly garner a $6 billion valuation.
Read more from the San Antonio Business Journal.
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