Wedbush Downgrades Popeyes Louisiana Kitchen (PLKI) to Neutral

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/5/2026

1. HUBS
2. BROS
3. ARM
4. FIS
5. EXPE
6. QCOM
7. CPAY
8. PAYC
9. DDOG
10. EW

Go back to Wedbush Downgrades Popeyes Louisiana Kitchen (PLKI) to Neutral

Restaurant Brands International Inc. Agrees to Acquire Popeyes Louisiana Kitchen

February 21, 2017 8:30 AM EST

Transaction to add an iconic brand with rich Louisiana heritage and strong U.S. and international growth potential to RBI

OAKVILLE, ON and ATLANTA, GA, Feb. 21, 2017 /PRNewswire/ - Restaurant Brands International Inc.  ("RBI") (NYSE/TSX: QSR, TSX: QSP) and Popeyes Louisiana Kitchen, Inc. ("Popeyes") (NASDAQ: PLKI) announced today that the companies have reached an agreement for RBI to acquire Popeyes for $79.00 per share in cash, or $1.8 billion.

The acquisition of Popeyes... More