Wedbush Downgrades Popeyes Louisiana Kitchen (PLKI) to Neutral
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Restaurant Brands International Inc. Agrees to Acquire Popeyes Louisiana Kitchen
February 21, 2017 8:30 AM ESTTransaction 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
