(Updated - November 13, 2017 4:36 PM EST)

Buffalo Wild Wings (Nasdaq: BWLD) received a takeover offer valued at more than $2.3 billion or $150 per share from private equity firm Roark Capital, according the Wall Street Journal. The offer was made in recent weeks.

Investment bankers at Barclays are working with Roark, while Goldman Sachs is advising Buffalo Wild Wings.