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Magic Johnson agrees to buy 30 Burger King restaurants

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Champ Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-08-04 06:17 PM
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Magic Johnson agrees to buy 30 Burger King restaurants
MIAMI (AP) - Magic Johnson will soon be selling Whoppers.
The NBA Hall of Famer said Monday that his company, Magic Johnson Enterprises, has agreed to buy 30 existing Burger King restaurants in Atlanta, Birmingham, Ala., Dallas and Miami. Terms of the deal effective July 1 were not disclosed.

"With these restaurants, we expect that as time passes, new jobs will be created and relationships with minority contractors will be strengthened in these four important cities," Johnson said in a statement.

"We believe that increasing our focus on existing minority-owned franchisees as well as developing more minority-owned franchises is a significant benefit for the Burger King system, and in addition, healthy franchisees help build wealth and expand job opportunities within urban communities," Burger King Corp. CEO Brad Blum said.

The restaurants will feature memorabilia from the former Los Angeles Lakers' career, but they won't bear his name, said Clyde Rucker, a senior vice president at the Miami-based fast-food chain.

http://www.sacbee.com/state_wire/story/9568846p-10492499c.html
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Awsi Dooger Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-04 02:40 AM
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1. Good, now smile and reinstate the 99 cent Whopper
Maybe that fluke Lakers win tonight will inspire some giveaways. I'm good for at least 10 Whoppers per week at 99 cents.
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