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Burger King Holdings Jumped On News Of Possible Sale

9/2/2010 8:23 AM ET 


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Burger King Holdings Has Gapped Up Sharply On News Of Possible Sale

Trade BKC now with
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(RTTNews) -  The Wall Street Journal reported Wednesday morning that Burger King Holdings (BKC: News ) has been in talks with private-equity firms in recent weeks about a possible sale of the company.

Burger King Holdings gapped open sharply higher Wednesday, but traded in a range for the bulk of the session. Shares finished up by 2.41 at $18.86 on the highest volume of the year. The stock rose to a 2 1/2 month high and re-crossed both its 50 and 200-day moving averages.

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by RTT Staff Writer

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