Burger King Bets $1 Billion on Franchise Revival
Restaurant Brands International (RBI), the parent company of Burger King, announced earlier this week it will acquire its largest U.S. franchisee, Carrols Restaurant Group, for $1 billion. This deal includes a $500 million investment to renovate more than 1,000 Carrols-owned Burger King locations. The move is a strategic part of Burger King’s “Reclaim the Flame”…