Popeyes Louisiana Kitchen (PLKI) to be acquired by Restaurant Brands (QSR) for $79.00/share

Popeyes Louisiana Kitchen (PLKI) agrees to be acquired by Restaurant Brands (QSR) for $79.00/share in cash, or approximately $1.8 bln .

   

"The acquisition of Popeyes will add a successful, highly-regarded brand with strong customer loyalty to RBI, one of the largest global quick service restaurant companies with two of the world's most iconic QSR brands -- BURGER KING and TIM HORTONS." The transaction is expected to close by early April 2017.

** charts PLKI ** 

 

 ** QSR **