Brazilian Investment Firm Buys Burger King

by

comment
Burger King now has an even greater global presence! - IMAGE VIA
  • Image via
  • Burger King now has an even greater global presence!
Brazilian investment firm 3G will purchase perpetual fast-food bridesmaid Burger King for roughly $4 billion, the New York Times reports. The deal holds some (admittedly tangential) interest for St. Louis.

A backer of 3G is Brazilian billionaire Jorge Paulo Lemann. Lemann owned the Brazilian brewer AmBev when it merged in 2004 with Belgium's Interbrew to become InBev, which of course is now Anheuser-Busch InBev. According to the Times, Lemann sits on the A-B InBev board.

What will this mean for Burger King?

I have no idea. But it does provide me with another opportunity to post a link to the Subservient Chicken. Enjoy!

Support Local Journalism.
Join the Riverfront Times Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Riverfront Times Club for as little as $5 a month.