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Burger King restaurant in Bulacan, Philippines. Burger King Holdings was the parent company of Burger King when it went public in 2002. [67] Burger King derived its income from several sources, including property rental and sales through company owned restaurants; [67] however, a substantial portion of its revenue was dependent on franchise ...
With the sale of Burger King to 3G Capital of Brazil in 2010, Burger King made the decision to sell off almost all corporate owned stores to its franchises by the end of 2013. [ 19 ] [ 20 ] One major move towards this goal was the sale of over 275 stores to corporate franchise group Carrols Corporation of New York and nearly 100 stores to the ...
The sale of the two chains, collectively called the Fiesta Restaurant Group, was completed in May 2012. [9] In June 2012, Carrols acquired 278 Burger King locations from Burger King for approximately $150 million. In exchange, the Burger King parent, Burger King Corporation took a 28.9% stake in the company.
The parent company of Burger King is buying out its biggest franchisee in the U.S. for about $1 billion and will renovate hundreds of its locations. Restaurant Brands International Inc. will ...
Restaurant Brands International Inc, owner of Burger King and Tim Hortons, announced plans to acquire another major eatery on Tuesday. The owner of Burger King is buying Popeyes for $1.8B Skip to ...
3G Capital, under its Restaurant Brands International name, has owned Tim Hortons since 2014. The parent company also owns Popeyes, Firehouse Subs and Miami-based Burger King.