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Lisa Jennings
Burger King Worldwide Inc. reported Wednesday a nearly 60-percent increase in second-quarter profit, saying turnaround efforts including menu and marketing moves in the U.S. and Canada are taking hold.
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The second-quarter report marks Miami-based Burger King’s first as a newly public company, following its listing earlier this month on the New York Stock Exchange. Private-equity owner 3G Capital Partners Ltd. continues to hold a 71-percent stake in the burger brand, following its market debut, which was accomplished through a reverse merger with a public investment vehicle, Justice Holdings.
For the quarter ...
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