Burger King Returns to the NYSE

Burger King is returning to the New York Stock Exchange today after having been away since 2010. The fast-food chain was purchased that year by 3G Capital and was taken private. 3G Capital sold a minority stake in the company to the London-based Justice Holdings. Justice Holdings payed $1.4 billion and 3G Capital was left with a 71% stake in the company.Justice Holdings founders Alan Parker and Martin Franklin will join Burger King’s board. Initially only 16 percent of shares will be able to be traded among retail investors when the company opens as Burger King Worldwide at the NYSE in New York.