Reginal Thomas
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Shake Shack Preparing For A IPO


Fast food burger chain, Shake Shack, has announced its getting ready for an IPO. Shake Shacks ownership, Union Square Hospitality Group LLC., has already begun interviewing different investment banks to underwrite for the IPO. Shake Shack is expected to have earnings of $20 million next year, after starting off as a hot dog kiosk in Madison Square Park in 2004.