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Restaurant Brands International, Burger King’s parent firm, has acquired Firehouse Subs for $1B

Burger King’s parent owner Restaurant Brands International has recently bought Firehouse Subs, a sandwich chain, for $1 billion. The restaurant conglomerate is looking to buy more chains and is currently busy amping up Tim Hortons and helping Popeyes Louisiana Kitchen grow. Firehouse Subs, founded in 1994, expects $1.1 billion in systemwide sales for 2021. Its same-store sales hiked 20% compared with the same time two years back.

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