Burger King owner Restaurant Brands buys chain’s largest U.S. franchisee

• Restaurant Brands International will spend about $1 billion to buy the largest U.S. franchisee of Burger King.
• The acquisition comes more than a year after Restaurant Brands unveiled its turnaround strategy for Burger King U.S.
• Restaurant Brands plans to remodel 600 of Carrols’ Burger King locations rapidly over the next five years and then sell them back to franchisees.

https://www.cnbc.com/2024/01/16/burger-king-owner-restaurant-brands-buys-carrols-largest-us-franchisee.html