Jack in the Box Buys Taco Chain for a Whopping $575 Million

Originally rivals, two top fast-food chains will now become one in a brow-raisingly expensive acquisition. SOPA Images | Getty Images In a strategic taco-fueled move, fast-food chain Jack in the Box has acquired predominantly West Coast-based Del Taco in a deal that’s expected to close early next year.Initial reports state Jack in the Box will acquire Del Taco for $575 million, or $12.51 per share in cash.”This is a natural combination of two like-minded, challenger brands with outstanding growth opportunities,” Jack in the Box