(CNBC) — Burger King and Tim Horton's owner Restaurant Brands International is nearing a deal to acquire Popeyes Louisiana Kitchen, according to a Reuters report.
First reported last week, the deal could help the Georgia-based Popeyes reach more global diners and boost Restaurant Brands' already strong roster of restaurants. A deal could be announced as early as this week, sources told Reuters.
Shares of Restaurant Brands were slightly positive on Monday, while shares of Popeyes were slightly negative.
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