Jack In The Box Buying Del Taco For $575 Million

LAKE FOREST (CBSLA) — There was a super-sized deal in the works within the fast-food business Monday.

San Diego-based Jack In The Box is buying Lake Forest-based Del Taco for $575 million.

Del Taco is the nation's second-largest Mexican fast-food chain with more than 600 restaurants.

The combined company will have more than 2,800 locations across 25 states.

The deal is expected to be completed early next year.

The two companies had combined sales of $740 million in 2020.

In:
• KCAL 9