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For Sale: Burger King

Chain seeks whopper of a private equity deal

By Rob Quinn, Newser Staff

Posted Sep 1, 2010 5:41 AM CDT | Updated Sep 1, 2010 6:32 AM CDT

(Newser) – Burger King wants it its way, right away: The world's second-biggest burger chain is looking for a buyer to take it off the stock market. Burger King execs have been in talks with various private equity firms in recent weeks, sources tell the Wall Street Journal, naming British firm 3i as one potentially interested party. The chain, which has been a public company since 2006, hasn't fared as well as the Golden Arches amid the economic downturn—sales and revenue both dropped last year.

Burger King has a market capitalization of about $2.26 billion and operates restaurants in 75 countries. (AP Photo/Gene J. Puskar)

Patrons enjoy a meal at a Burger King in Springfield, Ill., Monday, Aug. 23, 2010. (AP Photo/Seth Perlman)

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For Sale: Burger King

Chain seeks whopper of a private equity deal

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