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

 

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