Have it your way: A Miami-based broker accused of insider trading in Burger King stock started transferring assets out of the country, so the Securities and Exchange Commission hit him with a court order.
Waldyr Da Silva Prado Neto, a Brazilian citizen and former Wells Fargo and Morgan Stanley employee, was tipped by a client Read More
Occupy Wall Street
It was around 7 p.m. Monday night, and the McDonald’s across from Zuccotti Park was packed. Tired cops who had just spent two hours corralling protesters during one of Occupy Wall Street’s marches waited in line behind tired protesters still caked in zombie makeup. The lines for the bathroom were twenty people long; once inside a stall, the used toilet paper is stacked higher than the actual toilets.
A couple of families hurried in and out, one woman dragging her daughter away from two white guys in dreads who were giggling over some tablets of white powder.
“We just found these on the ground man,” the two young men confided in us before opening up the capsules and pouring the contents onto the table to inspect. “You never know though.”
Burger King — the nation’s number two fast-food chain, trailing only McDonald’s — has officially sold itself to investment firm 3G Capital, Reuters reports. Rumors that the acquisition was in the advanced stage started circulating yesterday. This isn’t 3G’s first foray into fast food. The firm has previously owned 4.2 million shares in Read More
Talk about a juicy deal.
The New York Times is reporting that fast-food behemoth Burger King is in advanced takeover discussions with private investment company 3G Capital. Citing “people involved in the negotiations,” the Times says the parties could ink the deal in coming days, although there is a chance it could get chucked. Read More
It’s either a punk rock approach to fast food innovation or an effort to slowly kill us all in the name of New York pizza. And burgers. It’s Burger King’s New York Pizza Burger and with it BK is taking an artisanal route to clogging arteries by putting four beef patties, pepperoni and mozarella on Read More