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Shareholder Alert: Powers Taylor Announces Shareholder Investigation Into The Buyout Of Burger King Holdings, Inc. By 3G Capital

The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of Burger King Holdings, Inc. (NYSE: BKC) related to a going-private transaction involving the private equity firm 3G Capital.

Under the definitive buyout agreement, which was announced on September 2, 2010, Burger King shareholders will receive $24.00 in cash for each BKC share of common stock owned. The total value of the BKC buyout deal is currently estimated at $4 billion. According to a recent press release on the buyout issued by Burger King, TPG Capital LP, Goldman Sachs Capital Partners, and Bain Capital Investors, who own in the aggregate approximately 31% of BKC’s outstanding shares, have entered into agreements to tender their shares into the offer. “Because BKC common stock has historically traded higher than $24.00 per share, we do not believe that the acquisition price is fair to all shareholders,” stated Willie Briscoe, a shareholder rights attorney.

The investigation relates to possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Burger King for approving this transaction, whether the consideration to be received by Burger King shareholders is fair, and whether Burger King’s Board acted in the shareholders’ best interests.

If you currently own shares of Burger King (BKC) and would like additional information regarding this investigation, or if you have information regarding the allegations involving this transaction, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC, toll free (877) 397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The Briscoe Law Firm, PLLC is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a shareholder litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

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