Posts Tagged ‘corporate take-over’
Burger King To Be Acquired By 3G Capital Management
Burger King agreed on Thursday to sell itself to 3G Capital Management, a New York investment firm backed by prominent Brazilian businessmen. The company has agreed to acquire the chain for $24 a share, a 46% premium on Burger King's August 31 closing price. With a value of about $4 billion including debt, the Burger King/3G deal is the [...]