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Burger King Owner To Buy Popeyes, Valued At $1.8B

PHILADELPHIA (CBS) -- The king of burgers is getting into the chicken business.

The company that owns Burger King, Restaurant Brands International, has announced that it is buying Popeyes, the fast-food chain known for its fried chicken.

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The deal is valued at $1.8 billion.

Popeyes has about 2,600 locations worldwide.

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