The company and its franchisees announced they would settle a legal battle they’ve been fighting since 2009, when the corporation told restaurant operators to sell the double cheeseburger for $1. The franchisees sued, saying they couldn’t make money at that price.
The settlement comes six months after Brazilian investment firm 3G Capital bought Burger King for $4 billion. Since then, 3G has shaken up management, laid off workers and trimmed other costs, and set plans in motion to expand in Asia and Latin America.
http://xfinity.comcast.net/articles/news-finance/20110418/US.Burger.King.Settlement/
Burger King lawsuit.
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