Burger King owner Restaurant Brands buys franchisee Carrols for $1 billion

Burger King owner Restaurant Brands buys franchisee Carrols for $1 billion

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Burger King's parent company is buying Carrols Restaurant Group, the fast food chain's largest U.S. franchisee, for a whopping $1 billion. Restaurant Brands International Inc., which owns Burger King, Tim Hortons, Popeyes and Firehouse Subs, will purchase Carrols for $9.55 per share in an all cash…

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