3G / Burger King merger agreement (2010)

Most of the action in M&A is in the contracts. The following is an excerpt from the acquisition agreement whereby 3G Capital, a private equity fund, acquired Burger King. The full agreement is available on EDGAR.

Questions:

Try to answer the following three questions in reading the excerpts:

1. What is the sequence of events mapped out in this agreement?
2. What are the main economic terms?
3. What will happen to Burger King Holdings, Inc. (its shares, its board, etc.) in the merger?

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