Burger King Owner Pays $1.8 Billion for Popeyes

Restaurant Brands, the owner of Burger King and Tim Hortons, has agreed to pay $1.8 billion in cash to acquire fried chicken chain Popeyes Louisiana Kitchen. On Monday, the speculated tie-up was formally confirmed in a transaction that will bulk up Restaurant Brands to become an even bigger player in the quick-service restaurant segment. Restaurant…

via Burger King Owner Pays $1.8 Billion for Popeyes — Fortune

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