Puck and Otis are on track.
Chipotle was owned by its founder for 10 years or so when he sold a majority interest to McDonalds. A couple of years after that, in January 2006, McD spun Chipotle out as a Publicly Held Company. The stock trades on the New York Stock Exchange under the symbol CMG. But McD still owned a majority of the stock.
A few months after that McD announced it would divest of all of its ownership in Chipotle (see Puck's link). It completed this transaction on October 12, 2006.
So, now Chipotle is owned by the people. For about $60 you can own a share yourself.
2007-02-08 04:03:28
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answer #1
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answered by Waldeck 3
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are you certain "after I created Chipotle in 1993, I had an exceptionally straight forward concept: provide an uncomplicated menu of significant food prepared clean on a each and daily foundation, utilising lots of an same cooking options as gourmand eating places. Then serve the food immediately, in a funky surroundings. It became food that i needed, and concept others may like too. we've not in any respect strayed from that unique concept. The critics raved and shoppers began lining up at my tiny burrito joint. because then, we've opened some extra."
2016-11-26 01:36:22
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answer #2
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answered by ? 4
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McDonald's Press Release - 04/26/06
McD's Announces Plan to Reduce its Ownership of Chipotle Mexican Grill
McDonald’s Corporation announced today its plan to reduce its ownership of Chipotle Mexican Grill in the near term and complete the separation of its interest by year-end to concentrate its focus on Brand McDonald’s
2007-02-07 19:00:55
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answer #3
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answered by Puckscraper 1
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It was owned by McDonalds. I just read online that it was sold in the last business quarter but I have yet to figure out to who....
I know this because it is my fave place to eat and I was interested in franchising one but they don't franchise.....
2007-02-07 16:45:59
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answer #4
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answered by otisisstumpy 7
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Is Chipotle Owned By Mcdonalds
2017-02-23 05:32:33
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answer #5
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answered by Anonymous
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A chipotle is a smoked jalapeno pepper. No one owns it- it's just a pepper.
2007-02-07 15:11:51
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answer #6
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answered by NadiaJ 2
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Not anymore
2007-02-08 03:12:51
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answer #7
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answered by Anonymous
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YES! and I know this for a fact.
2007-02-07 15:44:27
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answer #8
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answered by kook 3
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No, dont think so
2007-02-07 22:52:14
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answer #9
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answered by Anonymous
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no exactly
2007-02-07 16:43:52
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answer #10
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answered by Armin 3
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