Burger 150x150 3G Capital To Buyout Burger King For $4 Billion Burger King Holdings have made a deal with 3G Capital to hand over all of their stock for $24 per share or $4 billion. 3G capital will also acquire the company’s outstanding debt.

This buyout by 3G Capital will be the second time Burger King has changed hands in the last eight years and it is the largest buyout of a fast-food chain on record.

3G plan to expand the presence of Burger King around the world particularly in South America and Asia. They are backed by wealthy Brazilians, one of which is a billionaire.

Friendly talks between the two companies have been ongoing for a number of months and 3G’s managing partner, Alexandre Behring said earlier in a statement “The iconic Burger King brand, its solid franchisee network and great product offerings make this a perfect fit for 3G Capital.”

On the news Burger King shares jumped by 25% and finished the day on Thursday at $23.59

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