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  • Zacks3 days ago

    Popeyes and Burger King: The New Fast-Food Superpower?

    Restaurant Brands International Inc. (QSR) announced its $1.8 billion acquisition of Popeyes Louisiana Kitchen Inc. (PLKI) yesterday, and it helped the fried chicken giant's stock sizzle upward 19% to $78.77 per share. RBI stock rose 7% Tuesday to $57.50 per share

  • Just Reading This Could Make Your Cholesterol Go Up
    The Fiscal Times3 days ago

    Just Reading This Could Make Your Cholesterol Go Up

    Certainly a major — and fast rising — contender for that heart-stopping title is the blandly named Restaurant Brands International. It is shelling out $1.8 billion to add the Popeyes fried chicken chain to a roster that already includes Burger King (“Home of the Whopper”) and Tim Hortons, a donut chain (whose offerings have included specials like the Chocolate Whoopie Pie donut). To get its hands on Popeyes Louisiana Kitchen, which is actually based in Georgia, Restaurant Brands will pony up $79 a share, a 27 percent premium, according to CNBC.

  • Tim Hortons Owner to Buy Popeyes Chicken for $1.8 Billion
    Bloomberg3 days ago

    Tim Hortons Owner to Buy Popeyes Chicken for $1.8 Billion

    Restaurant Brands International Inc. agreed to buy Popeyes Louisiana Kitchen Inc. for about $1.8 billion, adding a fried-chicken chain to its lineup of burgers and doughnuts. Bloomberg Intelligence's Jennifer ...