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Old 09-02-2010, 02:05 AM   #1
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Selling Burger King

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Burger King (BKC), the nation's No. 2 burger chain, is reportedly in talks with private equity firms over a possible sale.

Over the past two years, McDonald's shares are up 20%, while Burger King's have dropped 35%.

Burger King is also up against Yum Brands (YUM), which owns KFC, Pizza Hut, and Taco Bell.

Burger King is in a tough spot, which makes it seem that even a private equity group would not pay a huge premium for the company.

DailyFinance

Good luck with the sale!
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Old 09-02-2010, 02:14 AM   #2
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i am buying it
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Old 09-02-2010, 03:34 AM   #3
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i will buy few shares
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Old 09-02-2010, 04:09 AM   #4
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Prefer Burger King but McDonald's have a lot more shops (1200 v. 650)
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Old 09-02-2010, 05:05 AM   #5
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Originally Posted by ottopottomouse View Post
Prefer Burger King but McDonald's have a lot more shops (1200 v. 650)
I read 36000 stores locations Macdonald and 12000 Burger King worldwide
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Old 09-02-2010, 05:14 AM   #6
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Strange. I swear just yesterday I read that McDonald's was one of the few big fast food chains to lose last quarter. Of course the seven quarters prior to that could have been decent.

Burger King is probably my favorite of the fast food chains, I like their burgers and chicken sandwiches.
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Old 09-02-2010, 05:56 AM   #7
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Fuck fastfood
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Old 09-02-2010, 05:59 AM   #8
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i wonder how much it will sell for.
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Old 09-02-2010, 06:29 AM   #9
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I read 36000 stores locations Macdonald and 12000 Burger King worldwide
1200 v. 650 was for the UK. didn't look up worldwide numbers but hadn't expected it to be 3:1
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Old 09-02-2010, 06:36 AM   #10
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very surprising stats. most people I know prefer Burger King over Macs
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Old 09-02-2010, 07:25 AM   #11
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hope not mcdonals buy em. the world would look to much like disneyworld then
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Old 09-02-2010, 07:27 AM   #12
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kebab ftw
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Old 09-02-2010, 07:29 AM   #13
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The burger king here is a fucking pig sty.. But Mc Donalds just added an awesome coffee shop and new kids area..
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Old 09-02-2010, 07:30 AM   #14
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BK's marketing completely sucks.
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Old 09-02-2010, 07:32 AM   #15
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FUCK FASTFOOD SHIT!
I only eat salad and pussies
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Old 09-02-2010, 08:18 AM   #16
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Good, maybe the new owners can take the batter off their fucking fries now, terrible.
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Old 09-02-2010, 08:29 AM   #17
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Burger King's net income last fiscal quarter June, was $187 million

PM me if interested
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Old 09-02-2010, 08:29 AM   #18
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Burger King is being sold to private equity firm 3G Capital in a deal valued at $3.26bn (£2.1bn), it has been announced.

The fast food chain, with 12,100 outlets, had been the subject of takeover rumours for days.

Burger King floated on Wall Street in 2006, four years after being bought by a group of private equity firms.

The group - TPG Capital, Bain Capital and Goldman Sachs Funds - still own 31% of Burger King shares.

The deal, worth $24 a share, comes after Burger King's stock price surged more than 15% on Wednesday and opened on Thursday up 23% at $23.25.

In a statement, the companies said that the deal represented a 46% premium to Burger King's share price before news of a possible takeover surfaced.

Burger King, the second largest hamburger chain behind McDonald's, has struggled during the recession and last week forecast weak demand for the rest of the year.

Under the terms of the deal with 3G, Burger King's chairman and chief executive John Chidsey will become co-chairman of the board. Alex Behring, managing partner of US-based 3G, will be the other co-chairman.

3G will also take on Burger King's debt, valuing the deal at $4bn in total.

http://www.bbc.co.uk/news/business-11168720
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Old 09-02-2010, 09:28 AM   #19
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burger king always sucked anyways
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Old 09-02-2010, 11:10 AM   #20
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I prefer Taco Bell, you get a free colon cleansing with each meal.
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Old 09-02-2010, 11:56 AM   #21
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Burger King has always been better but that's not saying much. I won't eat anything from McDonalds no matter what.
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Old 09-02-2010, 12:48 PM   #22
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Originally Posted by ottopottomouse View Post
1200 v. 650 was for the UK. didn't look up worldwide numbers but hadn't expected it to be 3:1
In Spain & France you hardly see a BurgerKing, yet lots of McDonalds. So its Europe where the larger gap in outlets are placed.

With the prices of the burgers at BK, you would have only thought they needed a third of the outlets for the same profits
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Old 09-02-2010, 01:03 PM   #23
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Europe is indeed full of McD's. I personally rarely go to one. The food tastes really yummy but I know it's not healthy.
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Old 09-02-2010, 01:05 PM   #24
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McDonald's came up with their New Coffee and Fruit Drinks.
Also their adult menu from a few years ago.
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Old 09-02-2010, 01:34 PM   #25
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Me and Jack warned them not to go with the creepy king campaign...
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Old 09-02-2010, 01:42 PM   #26
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very surprising stats. most people I know prefer Burger King over Macs
yea, same here
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Old 09-02-2010, 01:46 PM   #27
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Me and Jack warned them not to go with the creepy king campaign...
ha - honestly i think that hurt them. the king is very creepy.
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Old 09-02-2010, 02:02 PM   #28
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I never been in a Burger King.. it reminds me John Travolta and Samuel L. Jackson in Pulp Ficìtion
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Old 09-02-2010, 02:13 PM   #29
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ha - honestly i think that hurt them. the king is very creepy.
SUPER creepy.
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Old 09-02-2010, 02:49 PM   #30
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I like both BK and McD's. Bad for you but so what. Sometimes they really hit the spot. I'm hungry now.
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