Big Mac Meal is Now Brazilian
Today , Burger King is aggreed to be acquired by 3G capital, a NY firm backed by Brazilian investors for $3.3 billion. That is the biggest restaurant acquistion in last 10 years. Company offerred 46% premium, and $24 for a share. Deal values Burger King at 9x EBITDA.
Everytime I say “burger” it reminds me this quote from Pulp Fiction. Have a nice weekend!
Jules: Good. Looks like me an Vincent caught you boys at breakfast. Sorry about that. Whatcha havin’?
Jules: Hamburgers! The cornerstone of any nutritious breakfast. What kind of hamburgers?
Jules: No, no no, where’d you get ’em? McDonalds? Wendy’s? Jack in the Box? Where?
Brett: Big Kahuna Burger.
Jules: Big Kahuna Burger. That’s that Hawaiian burger joint. I hear they got some tasty burgers. I ain’t never had one myself. How are they?
Brett: They’re good.
Jules: Mind if I try one of yours? This is yours here, right?
[Picks up burger and takes a bite]
Jules: Mmm-mmmm. That is a tasty burger. Vincent, ever have a Big Kahuna Burger?
[Vincent shakes his head]
Jules: Wanna bite? They’re real tasty.
Vincent: Ain’t hungry.
Jules: Well, if you like burgers give ’em a try sometime. I can’t usually get ’em myself because my girlfriend’s a vegitarian which pretty much makes me a vegitarian. But I do love the taste of a good burger. Mm-mm-mm. You know what they call a Quarter Pounder with cheese in France?
Jules: Tell ’em, Vincent.
Vincent: A Royale with cheese.
Jules: A Royale with cheese! You know why they call it that?
Brett: Because of the metric system?
Jules: Check out the big brain on Brett! You’re a smart motherfucker. That’s right. The metric system. What’s in this?
Jules: Sprite, good. You mind if I have some of your tasty beverage to wash this down?
Brett: Go right ahead.
Jules: Ah, hit the spot.