Firm To Investigate 3G's $4B Deal For Burger King

Law360, New York (September 2, 2010, 11:32 AM EDT) -- 3G Capital Management LLC's $4 billion deal to acquire fast food titan Burger King's parent company sparked controversy as soon as it was announced Thursday, with New York securities law firm Tripp Levy PLLC announcing an investigation for possible breach of fiduciary duty.

The deal, which would pay Burger King Holdings Inc. investors a 46 percent premium on the company's common stock value, includes significant breakup fees and lockup agreements and may not give shareholders fair value, attorney Tripp Levy told Law360 on Thursday.

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