McDonald's pulling out of Chipotle

by Sarah J. Gim (Subscribe to Sarah J. Gim's posts)
Posted Apr 27th 2006 1:37PM
Filed under: Restaurants, America

We 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.

Tags: chipotle, fast food, fast food chains, mcdonald's

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Reader Comments (Page 1 of 1)

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.

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.

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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