St. Louis, MO – (STLRestaurant.News) – Ulysses “Junior” Bridgeman, a former NBA player, in 2013 bought 30 Wendy’s restaurants in the St. Louis area as a business venture. This week, Junior announced he plans to sell all 30 in pursuit of new venture as a Coca-Cola bottler.
Junior partnered with another former professional basketball player, point guard Chauncey Billups, to acquire nearly all the Wendy’s restaurants in the St. Louis area from the Dublin, Ohio-based restaurant chain in August 2013.
Now Bridgeman, founder of Louisville, KY-based Manna Inc., is divesting his Wendy’s and Chili’s restaurants across multiple states to focus on becoming a bottler for the Coca-Cola Co. in the St. Louis and Kansas City regions, Illinois, Kansas and Nebraska.
According to Coca-Cola, Bridgeman has submitted a letter of intent to acquire those areas and a production facility in Lenexa, Kan.
Wendy’s has stated they are still in talks with Junior as he is a longtime, vested member of the Wendy’s community.
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