ORDER_66
Demon Time coming 2024
Burger King owner could buy Popeyes as early as this week
Burger King and Tim Horton's owner Restaurant Brands International is nearing a deal to acquire Popeyes Louisiana Kitchen, according to a Reuters report.
First reported last week, the deal could help the Georgia-based Popeyes reach more global diners and boost Restaurant Brands' already strong roster of restaurants. A deal could be announced as early as this week, sources told Reuters.
Shares of Restaurant Brands were slightly positive on Monday, while shares of Popeyes were slightly negative.
Some analysts have welcomed the idea of a deal.
"In our view, a proposed buyout of PLKI by QSR is plausible. We believe the Popeyes acquisition would provide Restaurant Brands a concept that provides steady organic and unit growth in both the North American and overseas markets," Stephen Anderson, an analyst at Maxim Group, wrote in a research note last week.
Why Lord, Why....
Burger King and Tim Horton's owner Restaurant Brands International is nearing a deal to acquire Popeyes Louisiana Kitchen, according to a Reuters report.
First reported last week, the deal could help the Georgia-based Popeyes reach more global diners and boost Restaurant Brands' already strong roster of restaurants. A deal could be announced as early as this week, sources told Reuters.
Shares of Restaurant Brands were slightly positive on Monday, while shares of Popeyes were slightly negative.
Some analysts have welcomed the idea of a deal.
"In our view, a proposed buyout of PLKI by QSR is plausible. We believe the Popeyes acquisition would provide Restaurant Brands a concept that provides steady organic and unit growth in both the North American and overseas markets," Stephen Anderson, an analyst at Maxim Group, wrote in a research note last week.
Why Lord, Why....
this is just becoming an monopoly...
really breh. You should happy, that probably means more Popeye franchises
