Goldman Sachs Would Like to Make That a Triple Whopper, Please

More

The Burger King was creepy enough. But soon, it could be majority-owned by Goldman Sachs.

Shares of Burger King are jumping in pre-market trading, up $2.62, or 16%, at $19.07 on that story in this morning's Wall Street Journal by Gina Chon and Anupreeta Das saying TPG Capital, Bain Capital and Goldman Sachs could take the company private after sluggish sales. 

The three firms already own a combined 32% of Burger King since it came public in 2006.  [Who knew?] The chain has seen sales decline this year after a 1% drop last year while McDonald's (MCD) sales have continued to rise.

Read the full story at Barrons.

Jump to comments
Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Get Today's Top Stories in Your Inbox (preview)

Adventures in Legal Weed

Colorado is now well into its first year as the first state to legalize recreational marijuana. How's it going? James Hamblin visits Aspen.


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Adventures in Legal Weed

Colorado is now well into its first year as the first state to legalize recreational marijuana. How's it going? James Hamblin visits Aspen.

Video

What Makes a Story Great?

The storytellers behind House of CardsandThis American Life reflect on the creative process.

Video

Tracing Sriracha's Origin to Thailand

Ever wonder how the wildly popular hot sauce got its name? It all started in Si Racha.

Video

Where Confiscated Wildlife Ends Up

A government facility outside of Denver houses more than a million products of the illegal wildlife trade, from tigers and bears to bald eagles.

Video

Is Wine Healthy?

James Hamblin prepares to impress his date with knowledge about the health benefits of wine.

Video

The World's Largest Balloon Festival

Nine days, more than 700 balloons, and a whole lot of hot air

Writers

Up
Down

More in Business

Just In