A Miscellany of What I'm Reading
Did you know?In 1998, McDonald's made an initial minority investment in the company. By 2001, they had grown to be Chipotle's largest investor. McDonald's investment allowed the firm to quickly expand, from 16 restaurants in 1998 to over 500 by 2005. On January 26, 2006, Chipotle made its IPO, after increasing the share price twice due to high pre-IPO demand. In its first day as a public company, the stock rose exactly 100%, resulting in the best U.S.-based IPO in six years, and the second-best IPO for a restaurant after Boston Chicken (now Boston Market). The money from the offering was then used to fund new store growth.
Also, how right does it sound that anyone would boil chickens live? You'd have to take the feathers of, and I'm sure there are thing you don't want in a chicken when you cook it. Even those chickens that hang in China Town's restaurants with their heads have been gutted.
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