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Popeyes was formed in Arabi, Louisiana, a suburb of New Orleans, Louisiana, in St. Bernard Parish. It first opened its doors on June 12, 1972, as "Chicken on the Run". [10] [12] Owner Al Copeland (1944–2008) wanted to compete with Kentucky Fried Chicken, [13] but his restaurant failed after several months.
Carrols Restaurant Group, Inc. is an American franchisee company and is the largest Burger King franchisee in the world; Carrols owns and operates over 1,000+ Burger Kings, and 55 Popeyes restaurants. The company has operated Burger Kings since 1976 in locations across 23 U.S. states. [4]
The Church's purchase was heavily financed with the security being the assets of Popeyes and the acquired company. [10] In 1990, Al Copeland Enterprises had $391 million in debts. The debt reached more than $400 million by April 1991 when Copeland filed for Chapter 11 bankruptcy protection for the company. [ 10 ]
Restaurant Brands International Inc, owner of the Burger King and Tim Hortons fast-food chains, is nearing a deal to acquire another major dining chain.
Fast food restaurant operator Restaurant Brands International Inc (NYSE: QSR) penned an open letter to mark 100 days since the COVID-19 pandemic "turned business in our home markets upside down ...
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Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the 2017 purchase of American fast-food chain Popeyes.
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