Thursday’s news of a pending $4 billion deal to acquire Burger King Holdings Inc. — the latest in a string of recent private-equity moves in the sector — boosted a number of restaurant stocks, including the No. 2 burger brand. PREVIOUSLY: 3G Capital acquires Burger King for $4B Burger King shares closed Thursday up 25 percent to $23.59, with nearly 90 million shares traded, or about 40 times the usual volume. The company’s shares had traded between $16.31 and ...
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Contact: Desiree Torres Desiree.Torres@penton.com