Burger King

Burger King Corporation (BK for short) is a large international chain of fast food restaurants, predominantly selling burgers, fries and soft drinks.

Company history

Burger King's first restaurant—originally called Insta Burger King—was opened in 1954 in Miami, Florida, USA by James McLamore and David Edgerton, who were both alumni of the Cornell University School of Hotel Administration. McLamore had visited the hamburger stand belonging to Dick and Mac McDonald in San Bernardino, California; sensing the potential of their innovative assembly line-based production system, he decided to create a version of his own.

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1954 - Miami, Florida - USA - James McLamore - David Edgerton - Cornell University School of Hotel Administration - Hamburger - Dick and Mac McDonald - San Bernardino, California - Assembly line

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Ironically, the first restaurant's milkshake machine was sold to them by Ray Kroc, who later bought the McDonald's restaurant chain from its founders and oversaw its worldwide expansion.

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Milkshake - Ray Kroc - McDonald's

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In August, 1992 their corporate headquarters in Miami, Florida was severely damaged by Hurricane Andrew.

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August - 1992 - Miami, Florida - Hurricane Andrew

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On Friday, December 13, 2002, Burger King was purchased from British drinks firm Diageo for $1.5 (US) billion by a group of investors led by the investment firm Texas Pacific. The company plans to go public within the next two years.

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Friday - December 13 - 2002 - Diageo - Texas Pacific

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Magic Johnson's company Magic Johnson Enterprises purchased 30 Burger King stores on June 7, 2004. Although they will feature sports memorabilia, they will retain the Burger King name.

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Magic Johnson - Magic Johnson Enterprises - June 7 - 2004

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The current CEO of Burger King is Greg Brenneman, who took over from Brad Blum on August 1, 2004.

Related Topics:
Greg Brenneman - Brad Blum - August 1 - 2004

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