Whataburger is looking to stretch its wings.
They've hired Morgan Stanley to help them explore opportunities for expansion. The popular San Antonio-based chain has been family owned since its founding in 1950, and there are questions about whether they're looking to sell the company or go public on one of the stock exchanges. The company is growing, and is extremely attractive to investors.
Whataburger ranks seventh among US burger brands with more than two-billion dollars in sales in 2017.
Whataburger has 820 locations; 670 of them are in Texas. The rest are stretched across Oklahoma, New Mexico, Arizona, Florida, Georgia, Alabama, Mississippi, Arkansas, and Louisiana.