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Burger King and 3G Capital Deal
submitted on September 2, 2010 by emma123 in "Stores / Merchants"
NEW YORK (CNNMoney.com) -- 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.
http://money.cnn.com/2010/09/0.....htm?hpt=T2
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