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Burger King Buys Popeyes for 1.8 Billion Dollars

by Jalyn Jones

Recently restaurant brands who owns Burger King and its coffee chain has bought Popeyes for 1.8 billion dollars. Popeyes is known for its chicken and seafood, with some cajun style.

Most went with Burger King, while most have never even been to Popeyes. “[It makes me feel] sad, they should stay separate,” said Theater teacher Heather McFadden. “They should’ve paid a lot more than what they did pay,” said junior Krishana Patel.

Others I’ve asked says that it was a smart move because they obviously know what they’re doing and they wouldn’t have spent that much money on a company they don’t see even more profit for them coming out. There are 13,000 Burger Kings worldwide, with there being more than 2,600 Popeyes world-wide, increasing a lot more profit over all. [1]  Not only will the business owners have an increase. But people who do stocks will have them increases as well as people who invest.

“It’s an interesting transition — hopefully everything stays the same,” said alumni of class of 2016 Rochelle Adjei. Some say they think Burger King will change some of Popeyes already loved food, such as the chicken. There are thoughts that they’ll change the chicken to them all tasting like burger king’s chicken that they sell. People’s biggest fear is will they change the recipes because they think it’s perfect the way it is.

“Does Burger King think it will make Popeyes better?” said science-prep teacher Cammi Bitiner. That’s what restaurant brands had to think to themselves before making any final decisions. They can plan or combine the two, and sell off the spaces to gain money as well.

[1] http://money.cnn.com/2017/02/21/investing/restaurant-brands-burger-king-popeyes-acquisition/