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September 1999, Week 3

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Subject:
From:
Marc Chrusch <[log in to unmask]>
Reply To:
Vermont Skiing Discussion and Snow Reports <[log in to unmask]>
Date:
Thu, 16 Sep 1999 00:42:19 -0400
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Intrepid ski reporter the-other-Marc wrote:
>Or maybe between stages on the Sykeship...

"Oak Hill Capital Partners, L.P., a private equity investment group founded
by Robert M. Bass, today announced that it had completed its acquisition of
Caribbean Restaurants, Inc., the exclusive franchisee of Burger King
restaurants in Puerto Rico."
<

Perhaps Caribbean Restaurant windows, but not good old BK. BK is still a
totally owned subsidiary of Pillsbury who is iron fistedly owned by Diageo,
PLC.  BK is a *big* cash cow for the company.  BTW, for you economics and
business majors, the major profit margin is *not* in the burgers...or even
the fries.

<historic sidebar>
Diageo is the company formed by the merger of Grand Metropolitan, PLC and
Guinness Brewing, PLC.  Diageo owns sister company UDV (United Distillers
and Vintners) North America, which was formed from the merger of IDV
(International Distillers and Vintners - formed by the consolidation of
sister companies Heublein, Inc, Carrilon Importers, Paddington Importers,
and Gilbey's of Canada) with United Distillers, North America.  Thanks to
the post-prohibition federally mandated three-tier distribution system for
alcoholic beverages, it's doubtful we will ever be able to order a pint of
Bass or Guinness or a shot of Smirnoff or J&B or a Cuervo Margarita with
our whopper.
</historic sidebar>

Marc
mchrusch(at symbol)acm.org        <--- personal/home address
marc.chrusch(at symbol)tim.com   <--- work address

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