The Traderszone Network

Published in TZ Latest News 22 February, 2017 by The TZ Newswire Staff

Popeyes Accepts $1.8 Billion Buyout Bid From RBI

The latest hot rumor in the fast food sector, it turns out, was true: Restaurant Brands International (NYSE: QSR) is buying Popeyes Louisiana Kitchen (NASDAQ: PLKI). A joint press release issued by the companies stated that RBI will pay $79 per share in cash for the fried chicken chain.