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Jack in the Box, the San Diego-based fast-food chain that sells burgers and curly fries from drive-through windows, is selling its entire stake in its subsidiary Del Taco.

Fremont, Calif.-based Yadav Enterprises will acquire Del Taco for $115 million in cash in a deal that includes more than 550 Del Taco restaurants.

Yadav Enterprises already has more than 300 franchise restaurants, including Jack in the Box, Denny’s and TGI Friday’s locations.

Jack in the Box plans to use the proceeds from the sale to pay off debt, the company said in a statement. The transaction is expected to close in January 2026.

“This divestiture is an important step in returning to simplicity, and we lo

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