Burger King Owner Restaurant Brands to Acquire Largest Franchisee for $1 Billion

Restaurant Brands International, the owner of the Burger King brand, will acquire Carrols Restaurant Group, the largest Burger King franchisee in the United States, for about $1 billion.Over the next five years, RBI will remodel about 600 of the 1,022 Burger King restaurants operated by Carrols that are “not currently considered modern image,” the company said in a Tuesday (Jan. 16) press release.It will then refranchise most of the newly acquired restaurants to smaller, local franchisees within the next se ...