Investment firm 3G Capital completed its $4 billion acquisition of Burger King Holdings Inc. on Tuesday, and new executives took the helm at the chain. An affiliate of 3G Capital, a New York-based and Brazilian-backed firm, paid $3.26 billion, or $24 a share, for Miami-based Burger King, the nation’s No. 2 burger chain. The assumption of outstanding debt brought the total to $4 billion. About 93 percent of shares were tendered. Bernardo Hees, as announced earlier, becomes chief ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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!
Questions about your account or how to access content?