Tricon Not Bidding for Burger King, Eyes Asian Concept

1 min read
Opinions expressed by Entrepreneur contributors are their own.

Louisville, Kentucky--Tricon Global Restaurants Inc., operator of the KFC, Pizza Hut and Taco Bell chains, is not bidding for Burger King, the company has said. Burger King is being auctioned off by its UK parent Diageo Plc, and at least five private investment firms are believed to have submitted bids (see "Burger King Franchisees Work With Texas Pacific on Bid").

Tricon said that it is interested in adding an Asian concept to its current restaurant portfolio, which includes the newly acquired Long John Silver's seafood chain and A&W (see "Tricon to Acquire A&W and Long John Silver's"). -Reuters

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Former Apple CEO John Sculley Shares 4 Key Strategies for Growing and Marketing Your Business