Thursday, September 2, 2010

Brazilian Investment Firm Buys Burger King

Posted By on Thu, Sep 2, 2010 at 12:45 PM

click to enlarge Burger King now has an even greater global presence! - IMAGE VIA
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  • Burger King now has an even greater global presence!
Brazilian investment firm 3G will purchase perpetual fast-food bridesmaid Burger King for roughly $4 billion, the New York Times reports. The deal holds some (admittedly tangential) interest for St. Louis.

A backer of 3G is Brazilian billionaire Jorge Paulo Lemann. Lemann owned the Brazilian brewer AmBev when it merged in 2004 with Belgium's Interbrew to become InBev, which of course is now Anheuser-Busch InBev. According to the Times, Lemann sits on the A-B InBev board.

What will this mean for Burger King?

I have no idea. But it does provide me with another opportunity to post a link to the Subservient Chicken. Enjoy!

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