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McDonald's pulling out of Chipotle

chipotle mexican fast foodWe already know that Chipotle, the fast food Mexican chain that was in the same fresh and fast league as Baja Fresh and La Salsa, went public a few months ago. Don't know what happened since then, but McDonald's one of Chipotle's largest investors with a 69% stake, has announced its plans to sell five million more shares of its stock and be completely Chipotle-free by the end of the year.

 

McDonald's plans to use the funds to buy backs its own stock.

My hopes for a Grilled ChickenMcNugget quesadilla have been dashed.

Filed Under: Chefs & Restaurants, Restaurants
Tags: america, chipotle, fast food, fast food chains, mcdonald's

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Reader comments (Page 1 of 1)

BG

4-27-2006 @2:28PM BG said... I am going to dream of a McNugget quesadilla now. It just sounds awesome.


Hmmmmm, there is a Chipotle about a mile from here, and a McDonald's on the way.

Lunch in 30 minutes. It's a go.
Reply

dirtgirl

4-27-2006 @2:31PM dirtgirl said... chipotle is pretty tasty, but if you care about such things, don't read the nutrition information. i read that a typical burrito has 1200+ calories and gobs of fat. not even sure how you accomplish that with something consisting mostly of rice and beans, but they manage.
Reply

Berkana

4-28-2006 @2:40AM Berkana said... I eat at Chipotles when I want tons of food without thinking too much about what to order. It's always a burrito bol for me, with a side of chips. Since they charge you by what meat you get, rather than what item you order, I determined to order the item that weighs the most, and from what I can tell, a stacked burrito bol is the most food you can get for your money at Chipotle. Eat that by scooping it with the chips, and it's like eating half a dozen or more tacos.
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3 Comments / 1 Pages

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