Burger KingShares of fast food chain Burger King (BKC) climbed over 21% in premarket trading Thursday after already closing 14.65% higher Wednesday. The stock is getting a boost from rumors of a possible deal to sell the company.

CNBC reports, according to unidentified people it says are familiar with the situation, that 3G Capital is set to announce its acquisition of Burger King
Thursday. The private equity firm, CNBC says, will take Burger King private for $24 a share or $4 billion.

A report Wednesday from The New York Times supports CNBC report regarding 3G capital, although it does not disclose a price.

Miami-based Burger King operates more than 12,150 restaurants in all 50 states and in 75 countries and U.S. territories worldwide.

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The price of a BK Double Stacker Sandwich has spiked, too. I love the sandwich, but I watch the paper for coupons. Also, bringing your own soda/pop is a good way to economize. Repeating, the sandwich is really good. It's covered with cheese and is served on a sesame seed bun. I have turned-on more people to Burger King, than any other restaurant, going back to the early days of the first whopper. The sandwiches are just plain better, than McDonalds. However, McDonalds has a $1.00 large drink, which is convenient, when you don't want to bring your own drink. Taco Bell beats both chains, if you like Mexican food. I love Mexican food, so I visit Taco Bell approximately 7.57 times more often than the burger joints. Why? It tastes better and is far more healthy. Jack-in-the-Box is a great place for breakfast, or an occasional specialty steak sandwich. Really, what I need is a wife, so I wouldn't be such and expert on fast food!

September 02 2010 at 10:16 AM Report abuse rate up rate down Reply