Thursday, September 2, 2010

Burger King flipped again

$24 a share by 3G Capital Management, and BKC was at $16 just last week.

Burger King has now gone from public to private to  public and back to private again, with each flip being skimmed by the Private Equity folk, who contribute nothing to society except for their skim of corporation and shareholder wealth that they keep for themselves paid for by the employees they fire!