The Law Office of Abe Shainberg is investigating the Board of Directors
of Burger King Holdings, Inc. (NYSE: BKC) for possible breaches
of fiduciary duty and other violations of state law in connection with
their attempt to sell the Company to 3G Capital in a going-private
transaction. Under the terms of the deal, Burger King shareholders will
receive $24.00 in cash per share of common stock for a total transaction
value of approximately $3.3 billion.
The investigation concerns whether the Burger King Board of Directors
breached their fiduciary duties to Burger King stockholders by failing
to adequately shop the Company before entering into this transaction and
whether 3G is underpaying for Burger King shares. For the quarter ending
June 30, 2010, Burger King reported total revenue of $623 million and
net income of $49 million as compared to total revenue and net income of
$596.90 million and $41 million, respectively, for the prior quarter.
If you own common stock in Burger King and wish to obtain additional
information, please contact Abe Shainberg, Esq. either via email at as@ashainberglaw.com
or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/burger-king-holdings-bkc.html.
Mr. Shainberg has expertise in prosecuting investor securities
litigation, is a certified and registered arbitrator and mediator
involving financial matters, and represents investors in various matters
nationwide.

Source: Business Wire