11 years ago
1
Burger King Is Run by Children
Last summer a trim guy with wavy brown hair, high cheekbones, and a broad smile could be found making Whoppers, working the drive-through window, and scrubbing bathrooms at a Burger King in Miami. His name was Daniel Schwartz. He learned to make a Whopper in less than 35 seconds and blended in well with his fellow employees, except for the fact that Schwartz had a guy with a video camera trailing him. “I cleaned about 15 toilets in the past two days,” he boasted at one point, as if he’d just com
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http://www.businessweek.com
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This part of the article: "In 2010 it was purchased for $4 billion in a leveraged buyout by 3G Capital, the Brazilian private equity firm that also owns H.J. Heinz with Berkshire Hathaway (BRK/A) and whose principals are among the controlling shareholders of Anheuser-Busch InBev (BUD)." explains this story about McDonalds no longer using Heinz ketchup because the contract went to Burger King. Of course the original article did mention the sale :"In February US investment star Warren Buffett’s Berkshire Hathaway together with Brazil’s 3G Capital took over Heinz in a $28 billion deal.", it doesn't mention how 3G also owns Burger King.