Restaurant Brands, the parent of Burger King and the Tim Hortons doughnut and coffee chain, announced Tuesday that it is buying Popeyes Louisiana Kitchen, the company famous for its Cajun cuisine, for $1.8 billion.
The deal values Popeyes at $79 a share, nearly 20% higher than where the stock closed Friday. Shares of Popeyes (PLKI), living up to the company’s “Louisiana Fast” motto, quickly rose 19% Tuesday morning to just under $79.
HUUUUUUUGE news. Ladies and Gentlemen, are you prepared for the biggest merger in the history of the United States of America?!?!? We now have a Burger King Popeyes merger that will absolute;y shift the economy in this country.
We’ve got ourselves a new super power. Apple. Microsoft. Google. Burger King Popeyes. What a time to be alive. Land of the free, home of the brave.
We may be on the verge of having the greatest chicken sandwich ever crafted by human hands. Orrrr we’ll just have Burger King Popeyes combination restaurants which isn’t quite as exciting but still, I guess that saves me two separate trips on Saturday afternoon when I’m known to be a fast food savage.
Either way, my heart is racing just thinking about it.
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