---
title: "FOX: Burger King and Tim Hortons Owner to Buy Popeyes for $1.8 Billion"
url: https://burnaze.com/article/05c758ab-d407-4f30-b818-842f07599bb8
source: "1851 Franchise"
original_url: https://1851franchise.com/fox-burger-king-and-tim-hortons-owner-to-buy-popeyes-for-18-billion-10538
category: "Coffee & tea"
industry: "Restaurants"
segment: "Coffee & tea"
topics: ["Finance & M&A"]
published: 2017-02-21T16:11:01.000Z
modified: 2026-11-01T03:10:14.364Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/763bb989b433487c10accb9851ff56f29830.jpg
---

# FOX: Burger King and Tim Hortons Owner to Buy Popeyes for $1.8 Billion

**TL;DR:** Restaurant Brands International Inc. has acquired Popeyes Louisiana Kitchen for $1.8 billion. The acquisition will introduce Popeyes globally.

*originally published in 1851 Franchise on 2017-02-21. [Read the original](https://1851franchise.com/fox-burger-king-and-tim-hortons-owner-to-buy-popeyes-for-18-billion-10538).*

## Story

On Tuesday, Restaurant Brands International Inc, owner of Burger King and Tim Hortons, announced the acquisition of Popeyes Louisiana Kitchen for $1.8 billion, with plans to introduce Popeyes to diners globally. According to FOX Business , Popeyes shareholders will get $79 for each share they hold.

Popeyes Louisiana Kitchen was founded 45 years ago “as a Southern-fried ‘Chicken on the Run’ restaurant” in New Orleans, bringing in fans like pop singer Beyonce. Since then, the restaurant chain has expanded to over 2,000 restaurants.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- acquisition (topic)
- Burger King (company)
- global expansion (topic)
- restaurant chain (topic)
- Tim Hortons (company)
- Restaurant Brands International (company)
- Popeyes Louisiana Kitchen (company)
- Restaurant Brands International acquisition of Popeyes Louisiana Kitchen (deal)

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Originally reported by 1851 Franchise (https://1851franchise.com/fox-burger-king-and-tim-hortons-owner-to-buy-popeyes-for-18-billion-10538). Summarized by Burnaze (https://burnaze.com/article/05c758ab-d407-4f30-b818-842f07599bb8).