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Summary Box: Burger King agrees to $3.26B buyout
Associated Press ^ | 9-2-10

Posted on 09/02/2010 11:21:05 AM PDT by Justaham

Burger King Holdings Inc. is selling itself to investment firm 3G Capital in a deal valued at $3.26 billion. THE UPSHOT: Being acquired by an owner with deep pockets could give Burger King some financial breathing room to refresh its restaurants and expand internationally after years of playing follow-the-leader with McDonald's.

THE BUYER: 3G Capital owns stakes in brewer Anheuser-Busch InBev; Lojas Americanas, a major retailer in Latin America; and America Latina Logistica, the largest railroad and logistics company in Latin America.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy
KEYWORDS:

1 posted on 09/02/2010 11:21:07 AM PDT by Justaham
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To: Justaham

Best $1 burger IMO. Great name too, Buck Double.


2 posted on 09/02/2010 11:26:28 AM PDT by OB1kNOb (Knowledge is common, but wisdom is rare.)
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To: Justaham

They’re gonna put guacamole on all the whoppers. “Have it our way — stinking gringo!”


3 posted on 09/02/2010 11:27:26 AM PDT by ClearCase_guy
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To: OB1kNOb

I hope they get rid of that stupid “King” thing.


4 posted on 09/02/2010 11:27:46 AM PDT by FroggyTheGremlim (It was a priceless Steinway. Net enny mehr!)
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To: OB1kNOb
Does it beat a Royale with Cheese?


5 posted on 09/02/2010 11:29:38 AM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: Justaham

6 posted on 09/02/2010 11:30:51 AM PDT by martin_fierro (< |:)~)
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To: Yo-Yo

I couldn’t say. I’ve never had a Royale.


7 posted on 09/02/2010 11:34:25 AM PDT by OB1kNOb (Knowledge is common, but wisdom is rare.)
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To: Justaham

This is the death of BK. The leveraged up debt load and interest costs will sink the company....


8 posted on 09/02/2010 11:35:55 AM PDT by JerseyHighlander
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To: Justaham

Will they have Bud Lite on the dollar menu?

The drive-up window will be better than ever.....


9 posted on 09/02/2010 11:36:34 AM PDT by libertarian27 (Ingsoc: Department of Life, Department of Liberty, Department of Happiness)
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To: Yo-Yo

I’m partial to the Big Kahuna Burger myself.


10 posted on 09/02/2010 11:38:58 AM PDT by Carpe Cerevisi
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To: OB1kNOb

“It’s the cornerstone of any nutritious breakfast.”


11 posted on 09/02/2010 11:38:58 AM PDT by ClearCase_guy
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To: libertarian27

I’m old enough to recall when the L&L Drive Inn in South Tucson served pitchers of beer with some of the best Mexican food ever!!


12 posted on 09/02/2010 11:43:15 AM PDT by JimSEA
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To: Justaham

We knew they were in trouble when the Big Whopper became about the size of a White Castle slider.


13 posted on 09/02/2010 11:44:11 AM PDT by MNnice
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To: Justaham

“Being acquired by an owner with deep pockets could give Burger King some financial breathing room...”

####

Being acquired by an owner with deep pockets will make Burger King an even bigger target for the permanent American underclass of professional parasites, and their punk, attack dog trial lawyers.


14 posted on 09/02/2010 11:47:35 AM PDT by EyeGuy
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To: MNnice
We knew they were in trouble when the Big Whopper became about the size of a White Castle slider.

"I'm not a slider! I'm a Whopper Jr.!"


15 posted on 09/02/2010 11:49:02 AM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: ClearCase_guy
Now that is what I call a knee-jerk reaction! Well done.
16 posted on 09/02/2010 12:02:46 PM PDT by 1rudeboy
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To: Yo-Yo

I know it’s sad that I know this, but Jules was eating a Big Kahuna burger.


17 posted on 09/02/2010 12:14:35 PM PDT by antiRepublicrat
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To: antiRepublicrat

I wonder if the Saudi’s would let Burger King open a restaurant in Riyadh?


18 posted on 09/02/2010 12:52:44 PM PDT by EQAndyBuzz (Remember March 23, 1775. Remember March 23, 2010)
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To: EQAndyBuzz
I wonder if the Saudi’s would let Burger King open a restaurant in Riyadh?

Like this one?

There's nothing that would prevent Burger King from operating in Saudi Arabia, as long as the meat is prepared Halal. I'm guessing the Mecca BK (there is one) doesn't employ infidels.

19 posted on 09/02/2010 1:30:34 PM PDT by antiRepublicrat
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