UK fund buys key stake in Burger KingJustice Holding, the London-based investment vehicle co-founded by hedge fund manager William Ackman, said it has bought a 29 per cent stake in leading hamburger chain Burger King for $1.4 billion. The deal paves the way for Burger Ki More… |
UK fund buys key stake in Burger KingJustice Holding, the London-based investment vehicle co-founded by hedge fund manager William Ackman, said it has bought a 29 per cent stake in leading hamburger chain Burger King for $1.4 billion. The deal paves the way for Burger Ki More… |
Burger King posts lower-than-expected profitBurger King Holdings posted on Thursday a weaker-than-expected quarterly profit, as the poor economy and high unemployment hurt traffic and said the unpredictable consumer environment would persist. The seller of the Whopper hamburger said More… |