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RISE - Menu Monitor

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Burger King Holdings Inc. Director Kneeland Youngblood sold 9,000 shares of common stock under a prearranged trading<br />

plan. Youngblood sold the shares October 17 for $26.07 per share. (Associated Press 10/17/07)<br />

Burger King has reported a boost in profit in its fiscal first quarter ended September 30. The company said it earned $49<br />

million over the period, up from $40 million in the same period a year ago. Movie tie-ins including “The Simpson’s Movie” and<br />

“Transformers” were credited for the upsurge. (Marketwatch.com 11/05/07)<br />

Burger King Holdings Inc. announced that three private-equity shareholders would sell 18 million shares of the company’s<br />

common stock in a secondary offering priced at $25 per share. The selling shareholders — funds controlled by TPG Capital,<br />

Bain Capital Partners and the Goldman Sachs Funds, which together are majority owners of Burger King — will also offer to<br />

the underwriters of the offering an option to purchase up to an additional 2.7 million shares. When this offering was first<br />

announced, Burger King had said the firms planned to offer 23 million shares, with an over-allotment option of up to 3.45<br />

million units. That number of shares originally slated for sale represented between 29% and 33.5% of the group’s 79 million<br />

shares, or a 58% holding in Burger King. Now, the shares slated for sale represent between 23% and 26% of the firms’ stake.<br />

The secondary offer could gross the private-equity firms $517.5 million. Burger King is not receiving any proceeds from the<br />

sale. After completion of the deal, the selling shareholders will have reduced their ownership stake in Burger King to between<br />

45% and 43%. (NRN Daily NewsFax 11/15/07)<br />

Burger King is planning to test a re-priced $1 double cheeseburger in at least three markets. The burger is currently priced<br />

near $2. Burger King’s version is slightly larger than the double cheeseburger found on McDonald’s Dollar <strong>Menu</strong>. Some Burger<br />

King stores in Los Angeles have already started selling the burger for 99 cents. (NRN.com 11/20/07)<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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