Matches in DBpedia 2016-04 for { <http://dbpedia.org/resource/History_of_Burger_King> ?p ?o }
- History_of_Burger_King abstract "The predecessor to what is now the international fast food restaurant chain Burger King was founded in 1953 in Jacksonville, Florida, as Insta-Burger King. Inspired by the McDonald brothers' original store location in San Bernardino, California, the founders and owners, Keith J. Kramer and his wife's uncle Matthew Burns, began searching for a concept. After purchasing the rights to two pieces of equipment called \"Insta\" machines, the two opened their first stores around a cooking device known as the Insta-Broiler. The Insta-Broiler oven proved so successful at cooking burgers, they required all of their franchises to carry the device. After the original company began to falter in 1954, it was purchased by its Miami, Florida, franchisees James McLamore and David R. Edgerton. The two initiated a corporate restructuring of the chain; the first step being to rename the company Burger King. The duo ran the company as an independent entity for eight years, eventually expanding to over 250 locations in the United States, when they sold it to the Pillsbury Company in 1967.Pillsbury's management made several attempts at reorganization or restructuring of the restaurant chain in the late 1970s and early 1980s. The most prominent change came in 1978 when Burger King hired McDonald's executive Donald N. Smith to help revamp the company. In a plan called Operation Phoenix, Smith initiated a restructuring of corporate business practices at all levels of the company. Changes to the company included updated franchise agreements, a broadening of the menu, and new store designs to standardize the look and feel of the company. While these efforts were initially effective, many of them were eventually discarded, resulting in Burger King falling into a fiscal slump that damaged the financial performance of both Burger King and its parent. Poor operating performance and ineffectual leadership continued to bog the company down for many years, even after it was acquired in 1989 by the British entertainment conglomerate Grand Metropolitan and its successor Diageo. Eventually, the institutional neglect of the brand by Diageo damaged the company to the point where major franchises were driven out of business and its total value was significantly decreased. Diageo eventually decided to divest itself of the loss-making chain and put the company up for sale in 2000.In the twenty-first century the company returned to independence when it was purchased from Diageo by a group of investment firms led by TPG Capital for $1.5 billion (USD) in 2002. The new owners rapidly moved to revitalize and reorganize the company, culminating with the company being taken public in 2006 with a highly successful initial public offering. The firms' strategy for turning the chain around included a new advertising agency and new ad campaigns, a revamped menu strategy, a series of programs designed to revamp individual stores, and a new restaurant concept called the BK Whopper Bar. These changes re-energized the company. Despite the successes of the new owners, the effects of the financial crisis of 2007–2010 weakened the company's financial outlooks while those of its immediate competitor McDonald's grew. The falling value of Burger King eventually lead to TPG and its partners divesting their interest in the chain in a $3.26 billion (USD) sale to 3G Capital of Brazil. Analysts from financial firms UBS and Stifel Nicolaus agreed that 3G will have to invest heavily in the company to help reverse its fortunes. After the deal was completed, the company's stock was removed from the New York Stock Exchange, ending a four-year period as a public company. The delisting of its stock was designed to help the company repair its fundamental business structures and continue working to close the gap with McDonald's without having to worry about pleasing shareholders. 3G later took the company public again after a series of changes to its operations and structure. Burger King would eventually be merged with Canadian-based donut and coffee chain Tim Hortons, igniting a political controversy in the United States over tax inversions.".
- History_of_Burger_King thumbnail Burger_King_(1955-1968).png?width=300.
- History_of_Burger_King wikiPageID "9671568".
- History_of_Burger_King wikiPageLength "85117".
- History_of_Burger_King wikiPageOutDegree "161".
- History_of_Burger_King wikiPageRevisionID "702983518".
- History_of_Burger_King wikiPageWikiLink 3G_Capital.
- History_of_Burger_King wikiPageWikiLink Adweek.
- History_of_Burger_King wikiPageWikiLink Aladdin_(1992_Disney_film).
- History_of_Burger_King wikiPageWikiLink Alex_Behring.
- History_of_Burger_King wikiPageWikiLink Allen_Sheppard,_Baron_Sheppard_of_Didgemere.
- History_of_Burger_King wikiPageWikiLink Anheuser-Busch.
- History_of_Burger_King wikiPageWikiLink Assembly_line.
- History_of_Burger_King wikiPageWikiLink BK_Whopper_Bar.
- History_of_Burger_King wikiPageWikiLink BRIC.
- History_of_Burger_King wikiPageWikiLink Bain_Capital.
- History_of_Burger_King wikiPageWikiLink Barry_J._Gibbons.
- History_of_Burger_King wikiPageWikiLink Beer.
- History_of_Burger_King wikiPageWikiLink Beer_in_the_United_States.
- History_of_Burger_King wikiPageWikiLink Berkshire_Hathaway.
- History_of_Burger_King wikiPageWikiLink Brad_Blum.
- History_of_Burger_King wikiPageWikiLink Budweiser.
- History_of_Burger_King wikiPageWikiLink Burger_King.
- History_of_Burger_King wikiPageWikiLink Burger_King_Kingdom.
- History_of_Burger_King wikiPageWikiLink Burger_King_chicken_nuggets.
- History_of_Burger_King wikiPageWikiLink Burger_King_grilled_chicken_sandwiches.
- History_of_Burger_King wikiPageWikiLink Burger_Wars.
- History_of_Burger_King wikiPageWikiLink Canada.
- History_of_Burger_King wikiPageWikiLink Category:Burger_King.
- History_of_Burger_King wikiPageWikiLink Category:Company_histories.
- History_of_Burger_King wikiPageWikiLink Chilis.
- History_of_Burger_King wikiPageWikiLink Cornell_University_School_of_Hotel_Administration.
- History_of_Burger_King wikiPageWikiLink Crispin_Porter_+_Bogusky.
- History_of_Burger_King wikiPageWikiLink DArcy_Masius_Benton_&_Bowles.
- History_of_Burger_King wikiPageWikiLink David_Edgerton.
- History_of_Burger_King wikiPageWikiLink Dennys.
- History_of_Burger_King wikiPageWikiLink Diageo.
- History_of_Burger_King wikiPageWikiLink Donald_J._Smith.
- History_of_Burger_King wikiPageWikiLink Donald_N._Smith.
- History_of_Burger_King wikiPageWikiLink Fast_casual_restaurant.
- History_of_Burger_King wikiPageWikiLink Financial_crisis_of_2007–08.
- History_of_Burger_King wikiPageWikiLink Goldman_Sachs_Capital_Partners.
- History_of_Burger_King wikiPageWikiLink Grand_Metropolitan.
- History_of_Burger_King wikiPageWikiLink Greg_Brenneman.
- History_of_Burger_King wikiPageWikiLink Guinness.
- History_of_Burger_King wikiPageWikiLink History_of_KFC.
- History_of_Burger_King wikiPageWikiLink History_of_McDonalds.
- History_of_Burger_King wikiPageWikiLink Hurricane_Andrew.
- History_of_Burger_King wikiPageWikiLink Ian_A._Martin.
- History_of_Burger_King wikiPageWikiLink Independence_Day_(United_States).
- History_of_Burger_King wikiPageWikiLink Initial_public_offering.
- History_of_Burger_King wikiPageWikiLink J._Walter_Thompson.
- History_of_Burger_King wikiPageWikiLink Jacksonville,_Florida.
- History_of_Burger_King wikiPageWikiLink James_B._Adamson.
- History_of_Burger_King wikiPageWikiLink James_McLamore.
- History_of_Burger_King wikiPageWikiLink Jeff_Campbell_(businessman).
- History_of_Burger_King wikiPageWikiLink Jerry_W._Levin.
- History_of_Burger_King wikiPageWikiLink John_Chidsey.
- History_of_Burger_King wikiPageWikiLink KFC.
- History_of_Burger_King wikiPageWikiLink McCafé.
- History_of_Burger_King wikiPageWikiLink McDonalds.
- History_of_Burger_King wikiPageWikiLink McGarryBowen.
- History_of_Burger_King wikiPageWikiLink Miller_Lite.
- History_of_Burger_King wikiPageWikiLink Morgan_Stanley.
- History_of_Burger_King wikiPageWikiLink N._W._Ayer_&_Son.
- History_of_Burger_King wikiPageWikiLink NPD_Group.
- History_of_Burger_King wikiPageWikiLink New_York_Stock_Exchange.
- History_of_Burger_King wikiPageWikiLink Norman_E._Brinker.
- History_of_Burger_King wikiPageWikiLink Oakville,_Ontario.
- History_of_Burger_King wikiPageWikiLink PepsiCo.
- History_of_Burger_King wikiPageWikiLink Pillsbury_Company.
- History_of_Burger_King wikiPageWikiLink Preferred_stock.
- History_of_Burger_King wikiPageWikiLink Private_equity.
- History_of_Burger_King wikiPageWikiLink Renaissance_Capital_(US_company).
- History_of_Burger_King wikiPageWikiLink Richard_and_Maurice_McDonald.
- History_of_Burger_King wikiPageWikiLink Right_of_first_refusal.
- History_of_Burger_King wikiPageWikiLink Robert_Lowes.
- History_of_Burger_King wikiPageWikiLink Robert_W._Baird_&_Co..
- History_of_Burger_King wikiPageWikiLink SABMiller.
- History_of_Burger_King wikiPageWikiLink Saatchi_&_Saatchi.
- History_of_Burger_King wikiPageWikiLink San_Bernardino,_California.
- History_of_Burger_King wikiPageWikiLink Sarah_Michelle_Gellar.
- History_of_Burger_King wikiPageWikiLink Seattle.
- History_of_Burger_King wikiPageWikiLink Stifel.
- History_of_Burger_King wikiPageWikiLink Subway_(restaurant).
- History_of_Burger_King wikiPageWikiLink TPG_Capital.
- History_of_Burger_King wikiPageWikiLink Tax.
- History_of_Burger_King wikiPageWikiLink Tax_haven.
- History_of_Burger_King wikiPageWikiLink Tax_inversion.
- History_of_Burger_King wikiPageWikiLink Tax_rate.
- History_of_Burger_King wikiPageWikiLink Tax_shelter.
- History_of_Burger_King wikiPageWikiLink The_Burger_King.
- History_of_Burger_King wikiPageWikiLink The_Coca-Cola_Company.
- History_of_Burger_King wikiPageWikiLink The_Lion_King.
- History_of_Burger_King wikiPageWikiLink The_Walt_Disney_Company.
- History_of_Burger_King wikiPageWikiLink Tim_Hortons.
- History_of_Burger_King wikiPageWikiLink Toy_Story.
- History_of_Burger_King wikiPageWikiLink Triumvirate.
- History_of_Burger_King wikiPageWikiLink Trump_National_Doral_Miami.
- History_of_Burger_King wikiPageWikiLink U.S._Securities_and_Exchange_Commission.