date:Apr 12, 2013
y Brazilian investment fund 3G Capital Management LLC, which retains a nearly 70 percent stake.
The chain's new owners have slashed costs, sold restaurants to operators, boosted franchisee field support staff and introduced items such as salads and smoothies to broaden its customer base beyond young males.
Burger King shares were up 67 cents at $19.13 in midday trading. Its board also approved a 20 percent rise in the dividend.
MANAGEMENT SHAKEUP
Hees, 43, has led Burger King since its Octob