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Done Deal! Restaurant Brands International Inc. Acquire Popeyes Louisiana Kitchen Inc
Article By:
Lorimer Wilson
Tuesday, February 21, 2017 12:01 PM EDT
As had been widely speculated and reported upon over the weekend, Restaurant Brands International Inc. will acquire Popeyes Louisiana Kitchen Inc. for $1.8 billion in cash.
Restaurant Brands International Inc. Reported To Be Acquiring Popeyes Louisiana Kitchen Inc
Article By:
Lorimer Wilson
Monday, February 20, 2017 4:13 PM EDT
Burger King and Tim Horton’s parent Restaurant Brands International Inc. is reportedly nearing a deal to acquire fried chicken restaurant chain Popeyes Louisiana Kitchen Inc.
Four Consecutive Trading Sessions With Record Highs
Article By:
Marvin R Clark
Tuesday, February 14, 2017 11:31 PM EDT
Federal Reserve Chair Janet Yellen said the labor market is basically where the Fed wants it to be, and inflation is just a little lower than their target.
In this article: AET, AGN, CI, CS, FCX, GM, HUM, T, VZ, TOSBF, CYNO, HOLX, ZLTQ, TMUS, ANTM, QSR, PLKI, LITE
QSR Picks Popeyes And Leaves El Pollo Loco As the Last Chicken Standing
Thanks for the article and comment. Glad I bought $PLKI when I did!
QSR Picks Popeyes And Leaves El Pollo Loco As the Last Chicken Standing
The 50 and 200DMAs are already essentially converged and flatline for $LOCO. About as tame as you can get. I like to see this as a trading range until proven otherwise. And if it is a breakout, I think that point might be too late to get a good risk/reward entry. I am a bit confused how/why someone would have purchased $PLKI for $79 prior to Feb 21. There should have been lower offers available.
QSR Picks Popeyes And Leaves El Pollo Loco As the Last Chicken Standing
Although $LOCO looks stable now, the moving averages look like they will intersect soon, which is a buy/sell signal. I think that the signal is contingent on how $QSR proceeds in the acquisition. Moreover, recent developments suggest that the those who purchased $PLKI at $79/share prior to 21 February may have been taken advantage of. #Investigations are being conducted into the fairness of the aforementioned bid price.
Restaurant Brands International Inc. Reported To Be Acquiring Popeyes Louisiana Kitchen Inc
I would say things look promising for #Popeye because $QSR can use its international reach to introduce Popeyes' Louisiana-style fried chicken and buttermilk biscuits to more diners globally as 1,600 of its 2,000 restaurants are currently in the United States. $PLKI
Restaurant Brands International Inc. Reported To Be Acquiring Popeyes Louisiana Kitchen Inc
Would like to hear more about this potential acquisition. How does #Popeye's look as a company from a stock perspective and how will acquiring $PLKI help $QSR?