Burger King To Reclaim NYSE Throne In $1B Investment Deal

Law360, New York (April 3, 2012, 9:25 PM EDT) -- The private equity firm behind Burger King Worldwide Holdings Inc. entered a $1.4 billion deal with U.K. publicly traded investment vehicle Justice Holdings Ltd. to list shares in the fast-food giant on the New York Stock Exchange, the companies announced Tuesday.

Under the deal, 3G Capital will receive $1.4 billion in cash and continue as the majority shareholder of a new company called Burger King Worldwide Inc. Justice Holdings shareholders and founders will own about 29 percent of the new company, which they predict will be...
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