3G Capital begins tender offer for Burger King

by Eric Schroeder
Share This:
MIAMI — Blue Acquisition Sub, Inc., an entity controlled by 3G Capital, on Sept. 16 commenced its previously announced tender offer for all of the outstanding shares of common stock of Miami-based Burger King Holdings, Inc. at a price of $24 per share. Total value of the transaction is approximately $4 billion. Blue Acquisition Sub, Inc. and its parent company, Blue Acquisition Holding Corp., are controlled by 3G Special Situations Fund II, L.P.
3G Capital and Burger King first announced their intent to merge on Sept. 2.
Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.








The views expressed in the comments section of Baking Business News do not reflect those of Baking Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.