Burger King Holdings
MIAMI and NEW YORK - September 2, 2010 - 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 billion, including the assumption of the Company's outstanding debt.
Alex Behring, Managing Partner of 3G Capital, said, "We have great respect for the BURGER KING® brand and the strong business that management, the employees and the franchisees have built. The iconic BURGER KING® brand, its solid franchisee network and great product offerings make this a perfect fit for 3G Capital, which has a strong track record of long-term investments in global consumer brands and retail companies. We are excited to work together with the Company's employees and franchisees to continue to invest in the brand for the benefit of all its guests, employees and franchisees."
Visit the Burger King website at www.bk.com