Whop­per of a Takeover

Forbes - - Deal Toy -

FOR MUCH OF its his­tory Burger King was some­thing of an af­ter­thought, lag­ging far be­hind Mcdon­ald’s and ne­glected by own­ers, in­clud­ing Di­a­geo and a pri­vate eq­uity con­sor­tium led by TPG Cap­i­tal. But in the fve years since its most re­cent buy­out—by 3G Cap­i­tal, led by Brazil­ian bil­lion­aires Jorge Paulo Le­mann, Car­los Sicu­pira and Mar­cel Telles—the fast-food chain has re­gained its royal lus­ter.

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