So Burger King’s 33 yearold CEO and 28 year old CFO and 29 year old head of investor relations are doing a corporate inversion to save Burger King 9% on their tax bill. LINK
the net impact to operations? probably very little.
i see people complaining that a US company now bought one of our top performers but the truth is that BK is 70% owned by a Brazilian PE firm anyhow.
long and the short of it… it’s just a paper transaction that will make people i don’t know super richer than they already were.
From what I read they will, including the supermarket cans of coffee TH sells. I like both places so I think the merger works unless either TH or BK suffers.
The OP location has a Wendy’s and TH in one location, I think on GI too. You might see the same with BK and TH, but a little more integrated. Let’s face it, McDonald’s isn’t going anywhere, despite their troubles lately and BK has been hurting for quite sometime.
However, this also has a lot to do with the tax break and the fact that Warren Buffett is financing this whole thing shows that there is money to be made in different ways, to many different people.
QSR is the big growth segment… the middle class has tightened their belt but don’t want to eat traditional fast food so it’s the perfect answer… places like chipotle and five guys have the formula down.
Couple locations have the Wendy’s integrated, probably from when Wendy’s owned TH briefly.
Probably when Min. Wage goes to $15 an hour or a Bajillion an hour
I prefer BK over McD fries, and I agree 5guys is probably the best “Fast Food” burger in the area. Wendy’s makes a solid burger too, but that new Mushroom Swiss burger at BK…</gameover>
I just hope this means more Timmy-Ho’s in the US… It’s one of the main things I miss out here in UT… a good fucking cup of coffee! Damn locals don’t believe in “hot” beverages, thus I’m limited to gas-station crap, Starbucks, and Dunkin (Which JUST got here within the past 6 months).