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Carrols Restaurant Group

Restaurant Brands International, which owns Burger King, expects to complete its purchase of Carrols Restaurant Group by the second quarter and spend another US$500 million to remodel 600 of Carrols more than 1,000 locations.

Companies & Markets

Burger King owner to buy biggest franchisee for US$1 billion

The owner of Burger King plans to buy its largest US franchisee for about US$1 billion in cash in a bid to fast-track an overhaul of hundreds of locations and win back customers.

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