Buffett's company received the warrant to buy common shares and agreed to purchase 30,000 preferred shares as part of the deal, Miami-based Burger King said today in a regulatory filing. The perpetual preferred securities pay a 9 percent coupon. Burger King didn't specify how many common shares Berkshire has the right to purchase.
updated: 8/29/2014 6:26 PM
Buffett's Burger King financing includes warrant for 1.75% stake
Article Comments (
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.