{"id":28786,"date":"2012-04-07T10:49:30","date_gmt":"2012-04-07T14:49:30","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28786"},"modified":"2012-04-07T10:49:30","modified_gmt":"2012-04-07T14:49:30","slug":"burger-king-planning-on-going-public-again","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/04\/07\/burger-king-planning-on-going-public-again\/","title":{"rendered":"Burger King Planning on Going Public Again"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v9356eee66dc9d16e92ded4f9482e9ba712101ed8&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v9356eee66dc9d16e92ded4f9482e9ba712101ed8&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>One of the world&#8217;s largest burger chains is planning on going public again.Burger King announced that it expects to re-list its shares on the New York Stock Exchange within the next three months.The deal, which was announced late Tuesday, has New-York based investment firm 3G Capital seilling a 29% stake in the burger chain for $1.4 billion in cash to Justice Holdings. 3G Capital will keep the remaining 71%. This comes in the wake of a complete overhaul of its menu and stores. Burger King plans on spending $750 million to introduce new menu items and a re-design of its stores in the U.S. This came in response to losing the number two spot to Wendy&#8217;s this past year.Burger King traded under the symbol BKC between 2006 and 2010 but its new ticker has not yet been determined.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/07\/1_r0kabh62_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/07\/1_r0kabh62_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the world&#8217;s largest burger chains is planning on going public again.Burger King announced that it expects to re-list its shares on the New York Stock Exchange within the next three months.The deal, which was announced late Tuesday, has New-York based investment firm 3G Capital seilling a 29% stake in the burger chain for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/04\/07\/burger-king-planning-on-going-public-again\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Burger King Planning on Going Public Again&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28786","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28786"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28786\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}