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by Answerbag Staff on February 19th, 2010

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Does McDonald's own Chipotle?

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  • by Long Bui on February 19th, 2010

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    Great Answer

    Professionally Researched. (What's this?)

    McDonald's initially invested in Chipotle in 1998 and by 2001 had become its largest investor. In October 2006, McDonald's Corp. agreed to a full divestment by trading away its 16.5 million Chipotle shares. Today, Chipotle operates independent of McDonald's.

    Source:

    Chipotle Mexican Grill: Press Release

    Deseret News: McDonald's and Chipotle end partnership after 8 years

    More Information:

    TheStreet: McDonald's to Exit Chipotle

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