Carrols Restaurant Group, Inc. ("Carrols" or the "Company") (NASDAQ:TAST), the largest Burger King franchisee in the world, today announced the launch of a public offering of up to $60 million of its common stock (the "Public Offering"). All of the shares will be offered by the Company. The underwriters have also been granted a 30-day option by the Company to purchase up to an additional 15 percent of the shares of common stock to be offered in the Public Offering.
Carrols Restaurant Group is a holding company. Through its subsidiary, Carrols Corporation and other subsidiaries, Co. is engaged as a Burger King® franchisee. As of Dec 30 2012, Co. owned and operated 572 Burger King restaurants located in 13 Northeastern, Midwestern and Southeastern states. Burger King restaurants feature flame-grilled hamburgers, in particular the Whopper® sandwich, a flame-grilled hamburger garnished with mayonnaise, lettuce, onions, pickles and tomatoes. Burger King restaurants also include a variety of hamburgers, chicken and other sandwiches, french fries, salads, breakfast items, snacks, smoothies, frappes and other offerings.
Open the TAST Page at The Online Investor »
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel
from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you
agree to the following Full Disclaimer & Terms of Service. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20
minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.