Jack in the Box Is Buying Del Taco in $575 million deal

Del Taco Acquired By Jack In The Box For Approximately $575 Million

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Jack in the Box is officially buying Del Taco.

The popular burger chain announced the acquisition as part of a $575 million deal.

Both California-based brands will now have over 2,800 restaurants in 25 states.

"Joining forces will provide additional resources to drive innovation to create more unique, innovative menu items and exceptional guest experiences," Jack in the Box CEO Darin Harris said during a Monday analyst call discussing the deal. "This will allow Jack and Del Taco to better engage with their existing guests and reach new ones."

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