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Industry: Email Alert RSS FeedDasburg considered sale - Brief Article
Eurofood, April 26, 2001
Chief executive officer of the Diageo-owned fastfood unit Burger King, John Dasburg, has confirmed he thought about selling the company.
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As Burger King's parent company becomes totally spirits based, combined with the malcontent amongst many US-based franchisees, a spin-off of Burger King has been on the cards for some time now. Dasburg confirmed he had held talks with a buyout firm. "It is true that I have had a conversation with Texas Pacific Group." The US firm has a reputation for turning around under performing companies.
COPYRIGHT 2001 Agra Europe Ltd.
COPYRIGHT 2001 Gale Group
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