|
|
Article: Burger King Corp.'s Canadian Subsidiaries Sell 20 Restaurants to Heartland Food Corp. of Canada.
- Article from:
- Business Wire
- Article date:
- May 14, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
MIAMI -- Burger King Corp. (NYSE:BKC) announced today that its Canadian subsidiaries have sold 20 restaurants in Ontario to Heartland Food Corp. of Canada as part of the company's ongoing strategic portfolio management. Additionally, Heartland Food Corp. simultaneously closed on the acquisition of 14 previously franchised BURGER KING[R] restaurants in Ontario.
"We are delighted to have Heartland Food Corp. as a franchise owner and operator in Canada," said Chuck Fallon, president, North America, Burger King Corp. "As our third largest North American franchisee for the BURGER KING[R] brand, Heartland Food Corp. will continue to penetrate the Canada market by ...