Burger King agrees to buyout from 3G Capital

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By Associated Press

Story Published: Sep 2, 2010 at 7:15 AM PST

MIAMI (AP) - 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.

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