Burger King agrees to buyout from 3G Capital

Burger King

September 2, 2010 7:18:20 AM PDT
Burger King Holdings Inc. is selling itself to private equity firm 3G Capital in a deal worth $3.26 billion.

Thursday's $24-per-share offer comes after a day of speculation about the deal sent shares up more than 15 percent. The stock continued to make big gains Thursday in premarket trading.

Burger King has until mid-October to solicit better offers.