Skip to main content

Are you a legal professional? Visit our professional site

Please enter a legal issue and/or a location
Begin typing to search, use arrow keys to navigate, use enter to select

Find a Lawyer

More Options

Burger King Sold to Private Investors for $3.26B

By Jason Beahm on September 03, 2010 2:32 PM

The King has been sold. But at least he didn't come cheap.

Burger King has been sold to 3G Capital Management for $3.26 billion, approximately $24 a share. $3.26 billion is quite a lot of money, though banks lended over three-quarters of the money, $2.8 billion. Burger King has seen the value of the company take a major hit over the past several years, so getting the company for $3 billion now seems like a steal. Interestingly enough, the company has bounced back and forth from being a public and private company several times.

With the economy down from the financial crisis, many investors see major opportunities for scooping up companies. In particular, fast food and chain restaurants that are public companies may continue to sell. The aquisition of businesses present great opportunities for corporate counsel. A business about to be bought or sold requires excellent legal representation.

There will be issues with securities law, contract law, private equity, financial regulations, transactions and a plethora of other legal issues are certain to turn up on a daily basis.

If your company is on the verge of being acquired, it's time to kick things into gear and really demonstrate your value and leadership. Hopefully you are already a major part of the decision making process. If you are out of the loop, make sure that you increase communication between you and the CEO. Be up front with the leaders of the organization and let them know how you can help. If your current in-house team is equipped to handle the potential acquisition, let them know. If not, there are plenty of options for bringing on addition help in the short term. You may end up being called on to assemble an additional team on the fly, so be prepared to be flexible.

Related Resources:

You Don’t Have To Solve This on Your Own – Get a Lawyer’s Help

Meeting with a lawyer can help you understand your options and how to best protect your rights. Visit our attorney directory to find a lawyer near you who can help.

Or contact an attorney near you:
Copied to clipboard