Tag: Burger King Holdings Inc.

Burger King, the perennial No. 2 in the burger wars, is about to be beaten out by a pigtailed girl. Wendy’s Co. is poised to pass Burger King Holdings Inc. in U.S. sales, trailing only industry behemoth McDonald’s Corp., in…
· ·

Burger King Holdings, Inc. today reported 2011 first quarter Adjusted EBITDA of $121.1 million compared to $106.2 million in the same quarter of 2010, a 14% improvement driven by reductions in general and administrative expenses following a global restructuring and…
· ·

Burger King Holdings, Inc. (the “Company”) today announced changes to its senior management team. Effective immediately, the following executives have been appointed to their respective new roles: Jonathan Fitzpatrick, Executive Vice President, Global Operations. Mr. Fitzpatrick was previously the Company’s…
· ·

Burger King Holdings, Inc. (NYSE:BKC) (the “Company”) and 3G Capital today announced the completion of the previously announced transaction for an affiliate of 3G Capital to acquire the Company for $24.00 per share in cash, or approximately $4.0 billion in…
· ·

Burger King Holdings, Inc. (NYSE: BKC) (the “Company”) today announced the expiration of the “go-shop” period pursuant to the terms of the previously announced merger agreement, dated as of September 2, 2010, which contemplates the acquisition of the Company by…
· ·

Burger King Holdings, Inc. announced it would be selling its Company stock to 3G Capital.  3G will assume control of the company and all outstanding debt.  3G will also pay shareholders $24 per share, for a total of $4-billion. Logan’s…
· · 0

“I’ve been to this movie a few times.” Such was the response of one prominent Burger King franchisee, when asked his reaction to the $4 billion leveraged buyout that will take the country’s no. 2 hamburger chain private for the…
· · 0

Burger King’s agreement to be acquired by private investment firm 3G Capital in a $4 billion deal could help the chain gain ground in the burger wars. The new owners have pledged to keep the fast-food chain in Miami, which…
· · 0

Burger King Holdings, Inc. (NYSE: BKC) (the “Company”) and 3G Capital today announced that they have entered into a definitive agreement under which affiliates of 3G Capital will acquire the stock of the Company for $24.00 per share, or $4.0…
· · 0

Burger King Holdings Inc., the second biggest U.S. hamburger chain, is in talks to sell itself to investment firm 3G Capital, a source briefed on the situation said on Wednesday. Shares in the company rose nearly 15 percent on Wednesday…
· · 0

Burger King Holdings, Inc. (NYSE:BKC) today reported results for the third quarter of fiscal 2010. Key highlights of the company’s third quarter results include: Worldwide comparable sales were negative 3.7 percent compared to positive 1.0 percent in the same period…
· · 0

Burger King Holdings Inc. (NYSE:BKC) announced today that its board of directors has declared a quarterly dividend of $0.0625 per share of common stock. The dividend is payable on March 30, 2010 to shareholders of record at the close of…
· · 0

For five years, Burger King Holdings Inc. was on a roll, successfully courting its “super fans”—18- to 34-year-olds who account for half of all visits to Burger King restaurants. Thanks to high unemployment and healthier eating habits, those super fans…
· · 0

Burger King Holdings Inc. has filed a volley of lawsuits this month saying at least seven franchisees breached their contracts by not upgrading their cash-register systems in time. The lawsuits are further straining an already acrimonious relationship between Burger King…
· · 0