Ontario Fast...
Posted on 02/22/2017 12:52:34 PM PST by 2ndDivisionVet
Love that Chicken from... Ontario?
Restaurant Brands International Inc. (NYSE: QSR) will buy Atlanta-based Popeyes Louisiana Kitchen Inc. (NASDAQ: PLKI) for $1.8 billion. Popeyes shareholders will get $79 in cash a share at closing -- a premium of 27 percent based on Popeyes’ 30-trading day Volume Weighted Average Price as of Feb. 10.
The deal, expected to close by early April 2017, brings the New Orleans spicy chicken brand to the Ontario, Canada-based company that owns Burger King and Tim Hortons.
Popeyes will continue to be managed independently in the United States. RBI plans to continue developing the brand at an increasing pace in the United States and international markets.
Al Copeland Sr. started the fried chicken chain in New Orleans in 1972. The brand found success quickly and developed a fan following for other items such as buttermilk biscuits, red beans and rice and popcorn shrimp and crawfish. Popeyes now has more than 2,600 restaurants in the United States and 25 other countries. It will complement RBI’s portfolio of more than 20,000 restaurants in more than 100 countries and U.S. territories.
“I am proud of the superior results the Popeyes team has delivered in recent years; they have served all stakeholders well,” Popeyes CEO Cheryl Bachelder said in a statement. “As Popeyes enters its 45th year, its success reflects the amazing brand entrusted to us by founder Al Copeland Sr. and the unique high trust partnership that we enjoy with our franchise owners. RBI has observed our success and seen the opportunity for exceptional future unit growth in the U.S. and around the world.”
The slaw is very good; but I really love the gravy they make for the mashed potatoes. Tried to do a ‘copycat’ recipe once, and it wasn’t even a shadow of the ‘real’ thing.
We are a KFC family. We tried Popeye’s a few times but those potatoes are awful.
How do they compare to Chick Fil A?
ROTFLMAO. Come on. Chick Fil A is the best of the best. The only reason that these other places are in business is because Chick Fil A is not on every street corner like the others.
I guess everything varies from place to place. I’ve been to KFC once, and was quite Unimpressed. My husband loved KFC in Pennsylvania, but when we went to one here in Maryland, he never wanted to go back. He’s a Popeye’s guy, now ;-)
Ontario Fast...
Popeye’s is very good greasy chicken.
Have napkins and a toothbrush handy.
Hey, I’m not ‘fancy’ :-)
(And I’ve never found it ‘greasy’. At least, at my local, it’s just right.)
They better not mess with Popeye’s - it’s just about the only fast food I eat. Love the mild chicken.
Don’t mess with Popeye’s sides!!! I could live on their Cajun rice and coleslaw.
I’ve had bad service at two or three Popeye’s in my area. At one, the store manager was literally looking at me waiting to place my order and studiously ignoring me.
I emailed Popeye’s about the horrendous service and never got a reply.
The other day, I emailed the CEO at Chick-Fil-A regarding something and received a personal reply within the day. From him.
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