United States, September 02, 2010
|  Burger King Holdings Inc. agreed to be acquired by 3G Capital in a deal valued at $4 billion including debt, giving the New York investment firm control over the second-largest U.S. hamburger chain.
The $24-a-share price is 46 percent more than Burger King’s $16.45 close on Aug. 31, before reports of a deal surfaced. Under the terms of the agreement, Burger King can solicit superior bids until Oct. 12, according to a statement today.
The chain’s sales growth has slowed for two straight years as consumers ate out less to deal with the U.S. economic slump. Burger King, which trails only McDonald’s Corp. in the U.S., has seen a slower recovery than its larger rival as its clientele suffered more from the recession, said Tom Forte, an analyst at New York-based Telsey Advisory Group. | | | |
| United States, August 26, 2010
|  Wendy’s/Arby’s Group is taking the Wendy’s restaurant slogan “Quality is Our Recipe” to a new level – this time, with all-natural French fries in test markets.
And interestingly, the new recipe comes at a time when Wendy’s French fries are already popular. A recent Zagat survey ranked Wendy’s fries fourth best, behind McDonald’s, Five Guys and In-N-Out Burger.
So why would Wendy’s make the change to an already successful snack? Simple: The move comes amid a flurry of other menu changes at fast-food restaurants that push for higher quality, healthful and natural ingredients.
Here are the details on the natural fries, and which Wendy’s test markets are offering them:
The snack consists of skin-on strips of real potato, cooked in special oil and are topped with sea salt. The oil is used specifically for cooking these new fries, and Wendy’s has even passed up table salt for the more natural evaporated sea salt. Wendy’s is currently testing the fries, in Florida, North Carolina and Louisiana. | | | |
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