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.
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