Aramark has signed a definitive agreement to go private.

Aramark has signed a definitive agreement to go private. Described as a "merger agreement" by the parties involved, a group led by Chairman/CEO Joseph Neubauer will acquire the company in a transaction valued at approximately $8.3 billion (including the assumption of approximately $2 billion in debt). The deal was unanimously approved by Aramark's board of directors but is contingent on the approval of its stockholders, as well as the appropriate regulatory bodies.

Under the terms

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