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Sunday, 19 May 2013

Newest burger kings get Whopper of a finder's fee

Flipping burgers

The public return of Burger King via a tie-up with a London SPAC gives financiers Bill Ackman, Nicolas Berggruen and Martin Franklin something to relish: a finder’s fee of stock worth some $160 mln. And the hamburger chain gets a far meatier valuation than just two years ago.

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