Burger King strikes deal to go public again

Burger King is set to become a public company again in a deal announced late Tuesday with a publicly traded U.K.-based firm that has agreed to acquire a 29-percent stake in the burger brand for $1.4 billion.

The announcement comes a little more than a year after Burger King was taken private by 3G Capital in October 2010.

Under the terms of the agreement, 3G Capital will retain a 71-percent stake in the Miami-based burger company in what company officials are calling

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish