Burger King Franchise News

DTT announced today an agreement with Seattle-based Burger King Franchise, Flynn Olympic Restaurant Group.
Los Angeles, CA (PRWEB) May 21, 2012 - DTT announced today an agreement with Seattle-based Burger King Franchise, Flynn Olympic Restaurant Group. After completing a pilot at 1 location, the Flynn group contracted 2 additional stores, followed by the remaining 30+ shortly thereafter.
Stores are located in and around Seattle and various parts of Alaska. Installations began on Monday May, 14th and will be completed by the end of the month. In addition to hardware and software, DTT is providing the Flynn Olympic enterprise with a suite of Loss Prevention tools and Managed Services.
Mark Escamilla, Managing Partner of the Flynn Olympic Restaurant Group, is “Very impressed with DTT’s service offering, most notably the SmartAudit™ tool...

Minibon® Roll Will Be Available in BK® Locations Nationwide by September
ATLANTA, GA--(Marketwire - Apr 24, 2012) - Cinnabon, Inc. and Burger King Corp. today announced that Minibon® rolls will be served at more than 7,000 BURGER KING® restaurants throughout the United States. The Minibon® roll is currently being served in several markets, including Charlotte, Chicago, Miami, New Jersey and New York, and will expand regionally over the summer. The national rollout will be complete by September.
Served in Cinnabon® bakeries since 1987, the Minibon® roll is a smaller version of the Cinnabon® classic roll, featuring the same Makara® cinnamon and signature cream cheese frosting that is served in Cinnabon® bakeries today...

Acquisition Part of Burger King Corp.’s Refranchising Strategy in North America
MIAMI--(BUSINESS WIRE)--Burger King Corp. (BKC) today announced the refranchising of 96 company-owned BURGER KING® restaurants in the Orlando/Daytona market to Magic Burgers, LLC, a subsidiary of Sun Holdings, LLC and wholly-owned and operated by long-time franchisee Guillermo Perales. This acquisition makes Perales the fourth largest franchise operator in the U.S. and the largest minority franchisee with 167 restaurants throughout Florida and Texas.
“My continued investment in the BURGER KING® system demonstrates my confidence in the company’s ability to grow this great brand and make owning and operating BURGER KING® restaurants more profitable for franchisees”
“Guillermo Perales is an experienced restaurateur and has been an instrumental franchisee within the BURGER KING® system for more than 10 years,” said Steve Wiborg, president of North America, BKC...

3G Capital to Remain Principal Shareholder with 71% Stake;
Justice Shareholders to Own 29% of Combined Company
MIAMI and LONDON, April 3, 2012 /PRNewswire/ -- Burger King Worldwide Holdings, Inc. ("Burger King Worldwide"), the world's second largest fast food hamburger restaurant chain, and Justice Holdings Limited ("Justice") (LSE: JUSH), a publicly listed UK investment vehicle, today announced that they have entered into a definitive business combination agreement.
Under the terms of the agreement 3G Capital, a global investment firm and Burger King Worldwide's principal stockholder, will receive approximately $1.4 billion in cash and continue as the majority shareholder. The Justice shareholders and its founders will own approximately 29% of the combined company...

Guests Can Enjoy More Than 100 Beverage Brands with Their Favorite BURGER KING® Menu Choices
MIAMI--(BUSINESS WIRE)--The BURGER KING® brand has always been known for its customized menu options. And now the same holds true for refreshing beverages. Guests at BURGER KING® restaurants will now be able to pair America’s favorite burger, the WHOPPER® Sandwich, with more than 100 different beverage brands.
“The ability to customize your own beverages combined with the quality that Coca-Cola Freestyle delivers to our guests is a perfect addition to our most recent new menu offerings”
With the debut of Coca-Cola Freestyle® fountains in all Burger King Corporation company-owned restaurant locations across the U...

MIAMI--(BUSINESS WIRE)--Burger King Holdings, Inc. today reported results for the third quarter of 2011. System-wide comparable sales grew by 1.6% for the quarter, with international performance driving the positive results. In Latin America comparable sales grew by 10.5% and in Europe, Middle East, Africa and Asia Pacific (EMEA/APAC) by 3.0%. In the U.S. and Canada, comparable sales were relatively flat.
The company's global net restaurant count increased by 59 restaurants. International operating segments accounted for over 90% of the net restaurant increase. The company also completed the refranchising of 35 company restaurants in the U.S. and Canada during the third quarter.
Adjusted EBITDA of $161.0 million was positively impacted by strong international results, improved performance in the U...

New Company to Assume Operations of the BURGER KING®Brand in Country MIAMI--(BUSINESS WIRE)--Burger King Corp. (BKC) announced that an affiliate of Vinci Partners would become the BURGER KING® brand's master franchisee in Brazil. Following the closing, the new company will assume responsibility for the management and development of the BURGER KING®business in Brazil.

"We believe there is tremendous opportunity to grow the BURGER KING®brand in Brazil," said Jose Tomas, president, BKC Latin America and Caribbean. "I look forward to working closely with our master franchisee on their development plans and am confident they will drive aggressive growth to rapidly expand our footprint in Brazil."

The current General Manager for Brazil, Iuri Miranda, is expected to assume the newly-created role of chief executive officer of the new company...

Sweetening the Deal: Each Cup Also Served with Coupon for a Free Iced Coffee MIAMI --(BUSINESS WIRE)-- Get your java fix for free every Friday morning in November at participating BURGER KING® restaurants. Starting Nov. 5, Burger King Corp. (BKC) is picking up the tab on all 12-ounce cups of Seattle's Best Coffee® during breakfast hours while supplies last. For guests who enjoy their freshly-brewed morning coffee free of charge, BKC will also be giving a coupon good for one complementary 22-ounce Iced Seattle's Best Coffee®, in either vanilla or mocha flavor, valid during a future visit with the purchase of any BK® Value Meal.

"Our new breakfast lineup offers guests great taste, quality and variety, and Seattle's Best Coffee® is at the heart of it," said Mike Kappitt, chief marketing officer for North America, Burger King Corp...

MIAMI --(BUSINESS WIRE)-- Burger King Holdings, Inc. (the "Company") today announced changes to its senior management team.

Effective immediately, the following executives have been appointed to their respective new roles: Jonathan Fitzpatrick, Executive Vice President, Global Operations. Mr. Fitzpatrick was previously the Company's Senior Vice President of Operations, Europe, Middle East and Africa. He will be based in Miami. Heitor Goncalves, Executive Vice President, Chief Information and Performance Officer. Mr. Goncalves worked previously for Ambev and InBev, where he served in multiple strategic roles, including corporate development and logistics. He will be based in Miami. Greg Ryan, Executive Vice President, President of Latin America and the Caribbean...

MIAMI & NEW YORK (BUSINESS WIRE) -- Burger King Holdings, Inc. (NYSE:BKC) (the "Company") and 3G Capital today announced the completion of the previously announced transaction for an affiliate of 3G Capital to acquire the Company for $24.00 per share in cash, or approximately $4.0 billion in the aggregate, including the assumption of outstanding debt.

As previously announced, Bernardo Hees will become Chief Executive Officer of the Company, and Alexandre Behring, Managing Partner of 3G Capital, will assume the position of Co-Chairman of the Board of the Company effective immediately, alongside John Chidsey, the Company's Chairman and Chief Executive Officer prior to the completion of the transaction.

"We are thrilled to complete this transaction and eager to continue building the BURGER KING(R)brand and enhance the guest experience in our restaurants all over the world," said Mr...

MIAMI (BUSINESS WIRE) -- Burger King Holdings, Inc. (NYSE: BKC) (the "Company") today announced the expiration of the "go-shop" period pursuant to the terms of the previously announced merger agreement, dated as of September 2, 2010, which contemplates the acquisition of the Company by an affiliate of 3G Capital.

During the "go-shop" process the Company had the right to solicit superior proposals from third parties for a period of 40 calendar days continuing through October 12, 2010. The Company noted that it did not receive any alternative acquisition proposals during the "go-shop" period.

The tender offer and withdrawal rights are scheduled to expire at midnight, New York City time, on Thursday, October 14, 2010, unless extended or earlier terminated...

BURGER KING(R) Scholars Program Celebrates 10th Anniversary with Enhanced Program, More Opportunities for Students MIAMI (BUSINESS WIRE) -- The HAVE IT YOUR WAY(R) Foundation, the charitable arm of the BURGER KING(R) brand, announced the launch of its annual Fall Fundraiser in support of the BURGER KING(R) Scholars Program. Beginning Oct. 1, guests who donate $1 at participating BK(R) restaurants in the U.S. will receive a booklet containing seven free BK(R) Value Menu-sized fry coupons and one coupon for a small soft drink. The Fall Fundraiser, running through Oct. 31, is the largest in-restaurant promotion hosted by the HAVE IT YOUR WAY(R) Foundation. All proceeds benefit the BURGER KING(R) Scholars Program.

"The BURGER KING(R) Scholars Program is an opportunity for Burger King Corp...

MIAMI & NEW YORK, Sep 29, 2010 (BUSINESS WIRE) -- Burger King Holdings, Inc. (NYSE: BKC) (the "Company") and 3G Capital today announced that the Federal Trade Commission (FTC) has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), relating to the previously announced acquisition of all outstanding shares of common stock of the Company by affiliates of 3G Capital. Accordingly, the condition with respect to the expiration of the applicable waiting periods under the HSR Act has been satisfied.

As previously disclosed, an entity controlled by 3G Capital, Blue Acquisition Sub, Inc., commenced a tender offer on September 16, 2010 for all of the outstanding shares of common stock of the Company at a price of $24...

Previously-Announced Offer Price of $24.00 Per Share in Cash

MIAMI & NEW YORK, Sep 16, 2010 (BUSINESS WIRE) -- Burger King Holdings, Inc. (NYSE:BKC) (the "Company") and 3G Capital today announced that an entity controlled by 3G Capital, Blue Acquisition Sub, Inc., has commenced the previously-announced tender offer for all of the outstanding shares of common stock of Burger King Holdings, Inc. at a price of $24.00 per share, net to the seller in cash without interest. Blue Acquisition Sub, Inc. and its parent company, Blue Acquisition Holding Corporation, are controlled by 3G Special Situations Fund II, L.P.

On September 2, 2010, the Company and 3G Capital announced that the Company and certain entities controlled by 3G Capital had signed a definitive merger agreement pursuant to which the tender offer would be made...

Burger King Corp. Announces the Brand's Largest Menu Expansion Ever MIAMI (BUSINESS WIRE) -- If Burger King Corp. has its way, breakfast will never be the same! Today, Burger King Corp. (NYSE: BKC) is shaking up the QSR breakfast battle with the unveiling of the brand's largest menu expansion ever. Nine new BK(R) Breakfast Menu items will have sleepyheads everywhere marching to a new breakfast beat and into their closest BK(R) restaurant. From premium platters and savory sandwiches to fresh-baked Mini Blueberry Biscuits and Seattle's Best Coffee(R), the new BK(R) Breakfast Menu is now available and making daybreak delicious at participating BURGER KING(R) restaurants nationwide.

"We're ready to compete to be America's wake-up call with our new BK(R) Breakfast Menu," said Mike Kappitt, chief marketing officer, North America, Burger King Corp...

Shareholders to Receive $24.00 in Cash Per Share Transaction Valued at $4.0 Billion MIAMI & NEW YORK (BUSINESS WIRE) -- Burger King Holdings, Inc. (NYSE: BKC) (the "Company") and 3G Capital today announced that they have entered into a definitive agreement under which affiliates of 3G Capital will acquire the stock of the Company for $24.00 per share, or $4.0 billion, including the assumption of the Company's outstanding debt.

Under the terms of the agreement, which has been unanimously approved by the Company's Board of Directors, stockholders will receive $24.00 in cash per share for all outstanding shares of the Company's common stock, representing a 46% premium to the Company's unaffected share price before recent market rumors...

Burger King Corp. Recognized as Leader in Diversity and Inclusion for Third Consecutive Year MIAMI (BUSINESS WIRE) -- Black Enterprise magazine has named Burger King Corp. (NYSE: BKC) one of the "40 Best Companies for Diversity" in the publication's 6th Annual Diversity Report, which is a comprehensive analysis of the top 1,000 publicly-traded companies and 50 leading global companies with U.S. operations. This is the third consecutive year BKC has been recognized for demonstrating diversity among the company's suppliers and employees.

"At Burger King Corp., we have always strived to foster an inclusive work environment and have ensured that inclusion and diversity are woven into not only our business strategy, but also our culture," said Robert Perkins, vice president, inclusion and talent management, Burger King Corp...

National Tour and Competition Spotlights Outstanding Athletes Both on the Court and Off NEW YORK /PRNewswire via COMTEX/ -- Burger King Corp. (NYSE: BKC) today announced the winner of the BK(R) NEXT BEST MOVE(SM) five-month, 41-city national tour. Excited fans from all over the country sent in their votes and crowned Shane Wise of Warrensburg, Missouri the winner of the competition.

"BK(R) NEXT BEST MOVE(SM) was the biggest tour in the history of the BURGER KING(R) brand and provided consumers with broad-based access to not only what is happening in the basketball world, but also in urban communities across the U.S.," said Patricia Trevino, director, promotions and multicultural marketing, BKC. "We recognize the importance of giving back and this tour was the ideal opportunity for us to showcase our community service initiatives in each of the participating cities...

MIAMI (BUSINESS WIRE) -- Burger King Holdings Inc. (NYSE:BKC) announced today that its board of directors has declared a quarterly dividend of $0.0625 per share of common stock. The dividend is payable on Sept. 30, 2010 to shareholders of record at the close of business on Sept. 14, 2010. ABOUT BURGER KING HOLDINGS, INC. The BURGER KING(R) system operates more than 12,100 restaurants in all 50 states and in 74 countries and U.S. territories worldwide. Approximately 90 percent of BURGER KING(R) restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. In 2008, Fortune magazine ranked Burger King Corp. (BKC) among America's 1,000 largest corporations and in 2010, Standard & Poor's included shares of Burger King Holdings, Inc...

Exclusive New York Pizza Burger Coming to WHOPPER(R) Bar New York City in Early September MIAMI (BUSINESS WIRE) -- Burger King Corporation (NYSE: BKC), home of the iconic WHOPPER(R) sandwich, is in a New York state of mind with the opening of its flagship WHOPPER(R) Bar location in Times Square. The new WHOPPER(R) Bar, located at 561 Fashion Ave. (between 40th and 41st Streets), is open for business 24 hours a day, seven days a week, and boasts innovative versions of America's Favorite Burger*, the WHOPPER(R) sandwich.

The company's complementary restaurant concept provides guests with a premium restaurant experience and delivers the HAVE IT YOUR WAY(R) brand promise with a customizable menu. The WHOPPER(R) Bar also serves as an "innovation lab" for the BURGER KING(R) brand by showcasing new, creative products alongside the most recognized BURGER KING(R) menu favorites...