Burger King owner purchases Popeyes

  ATLANTA — Restaurant Brands International Inc., which does business as Burger King and Tim Hortons, and Popeyes Louisiana Kitchen Inc., announced on Feb. 21 that the companies have reached an agreement for RBI to acquire Popeyes for $79 per share in cash, or $1.8 billion.

  Founded in New Orleans in 1972, Popeyes is the franchisor and operator of the Popeyes restaurants totaling more than 2,600 restaurants in the United States and 25 other countries around the world. RBI’s existing portfolio includes more than 20,000 restaurants in more than 100 countries and U.S. territories, including . . .

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