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Whataburger sells out to a Chicago bank, and Texans are already worried about the recipes

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Whataburger is no longer a family-owned business.

In a cross-country leap toward expanding the company’s brand, the Texas burger chain announced Friday that is has sold a majority interest to Chicago-based BDT Capital Partners.

BDT is a merchant bank that invests in family-owned businesses. It’s adding Whataburger to a sizable portfolio of food retailers in which it owns majority shares, including Krispy Kreme Doughnuts, Panera Bread, and the........

© Fast Company