Burger King Buys Popeyes for $1.8 Billion in Fast-Food Mega-Merger
Canadian favorite Tim Hortons is also under the same umbrella
The fast-food universe gave birth to a deep-fried, flame-broiled lovechild today: After weeks of swirling rumors, Burger King parent company Restaurant Brands International announced this morning that it’s acquiring Popeyes for $1.8 billion. RBI also owns beloved Canadian-born coffee chain Tim Hortons.
RBI currently has more than 20,000 stores worldwide, with approximately 15,000 Burger King locations and 4,500 Tim Hortons; the Popeyes acquisition will add another 2,600 outlets to its portfolio. (Comparatively, fast-food superpower Yum Brands, which also has three brands under its umbrella — Taco Bell, Pizza Hut, and