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on September 3, 2010

3G Capital to buy Burger King for $4 billion

Deal to close in fourth quarter

3G Capital will acquire Burger King for $4 billion, according to CNN Money.

The $24 per share sales price is a 46% premium over Burger King's recent closing price of $16.45 per share. Burger King's board of directors has already approved the deal, which will likely close during the fourth quarter.

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