"The Jolly Bee is eating Mang Inasal chicken!" Tony Tan Caktiong owned Jollibee Foods Corporation, the largest fast food chain in the Philippines announced the acquisition of the seven-year old fast food chain Mang Inasal! According to the disclosure, Jollibee will be buying 70% of the shares of Mang Inasal for a sum of 3 Billion pesos. Mang Insasal, a relatively start up fast food chain has seen a rapid growth in the recent years. Since it started in 2003, Mang Inasal already boasts a total of 303 stores around the country, most of which are franchises. Recent financial reports shows that the young company is already earning a revenue totaling to 3.8 Billion pesos. Mang Inasal has been known for its delicious roasted chicken and "unlimited rice". They also sell products that are relatively cheaper compared to other established fast food chain. These and other key marketing strategies seems to have boosted the company's growth. Jollibee on the other hand...