Burger King agrees to buyout from 3G Capital
MIAMI (AP) - Burger King Holdings Inc. is selling itself to private equity firm 3G Capital in a deal worth $3.26 billion.
Thursday's $24-per-share offer comes after a day of speculation about the deal sent shares up more than 15 percent. The stock continued to make big gains Thursday in premarket trading.
Burger King has until mid-October to solicit better offers.
Thursday's $24-per-share offer comes after a day of speculation about the deal sent shares up more than 15 percent. The stock continued to make big gains Thursday in premarket trading.
Burger King has until mid-October to solicit better offers.