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Shake Shack Founder Danny Meyer, Panera Call Off Deal for IPO

Roiling Capital Markets Sink Another Pending Retail Transaction
The deal between Panera Brands and Danny Meyer's special-purpose acquisition company is off. (Panera)
The deal between Panera Brands and Danny Meyer's special-purpose acquisition company is off. (Panera)
CoStar News
July 5, 2022 | 10:04 P.M.

Shake Shack founder Danny Meyer's plan to help Panera Brands go public has cratered, the latest retail deal disrupted by the volatile economy.

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