Burger king® company completes acquisition of carrols restaurant group

Toronto , may 16, 2024 /prnewswire/ - restaurant brands international inc. ("rbi") (tsx: qsr) (nyse: qsr) (tsx: qsp) announced today that it has completed its previously announced acquisition of all issued and outstanding shares of carrols restaurant group, inc. ("carrols") (formerly nasdaq: tast) that are not already held by rbi or its affiliates for $9.55 per share in an all cash transaction, or an aggregate total enterprise value of approximately $1.0 billion. with the close of the acquisition, rbi adds the largest burger king® ("bk") franchisee in the united states to its portfolio as part of the company's reclaim the flame plan.
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