Carrols Restaurant Group Inc. has agreed to acquire 278 company-owned Burger King restaurants through an asset purchase agreement with Burger King Corp., the Syracuse, N.Y.-based company said Monday. The transaction, which will make Carrols the system’s largest global franchisee, with 575 Burger King outlets, will give Burger King a 28.9-percent equity interest in Carrols. Carrols also agreed to pay the Miami-based franchisor about $15.8 million. As part of the deal, Carrols ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.