Subway explores possible sale

Subway confirms it's tentatively up for sale.

COLUMBIA, S.C. (WOLO)— Subway confirms it’s tentatively up for sale.

In a statement Tuesday, the fast-food chain says it’s exploring possibilities.

The 58 year-old company says it has no indication of timing or assurance a sale will happen.

It’s valued at more than $10 billion, according to a Wall Street Journal article.

That could make this one of the biggest fast food industry deals in recent year.

Subway is prospering from a revamped menu, store renovations and international growth.