Thursday, September 2, 2010
Brazilian Investment Firm Buys Burger King
By Ian Froeb
on Thu, Sep 2, 2010 at 12:45 PM
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
Brazilian investment firm