Restaurant Brands Reportedly Interested in Popeyes

Canada’s Restaurant Brands has spoken with Atlanta-based Popeyes Louisiana Kitchen about a potential acquisition, sources told Reuters. Shares of Restaurant Brands were up roughly 5% to $54 in Monday afternoon trading, while Popeyes stock was surging about 12.5% to $ The companies have not agreed to a deal price, and Restaurant Brands could pursue a transaction with another company altogether, the sources said.