The King commands a princely sum
September 2nd, 2010
01:00 PM ET
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Burger King said Thursday that it has agreed to be acquired by investment firm 3G Capital in a deal valued at $4 billion.

New York-based 3G Capital will buy the fast food chain for $24 a share. That marks a 46% premium over Burger King's closing price of $16.45 on Tuesday, the day before news reports said the company was up for sale.

CNN Money has the FULL STORY

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Filed under: Business and Farming News • Fast Food • News

soundoff (5 Responses)
  1. MOCaseA

    So now they are all "El Rey De Las Hamburguesas" instead of Burger Kings?

    September 3, 2010 at 10:34 am | Reply
  2. RichardHead

    So a Latin American co. bought 'em. What do they call it now-"Los Whoppo"?

    September 2, 2010 at 10:57 pm | Reply
  3. Panties

    I never eat their crappy stuff. So I don't care what they do. Grins and Giggles.

    September 2, 2010 at 8:11 pm | Reply
  4. Kaku

    4 Billion Dollars, or 2 billion chicken sandwiches. Fewer if they want cheese.

    September 2, 2010 at 4:45 pm | Reply
  5. Cieje Valentine

    Yummy. Billion dollar burgers!

    September 2, 2010 at 3:34 pm | Reply

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