Joel,
Seems to me that McDonalds bought out an operator of childrens' entertainment a few years ago, something simular to the now bankrupt Discovery Zone, to integrate with their Ronald McDonald themed playgrounds at the restaurants.
To my knowledge, they have never bought out another restaurant operator, but with their stock in the doldrums, a buyout of a different themed restaurant would be, I think, very well received by their Wall Street followers. Obviously they have some room to grow internationally, but even the most ardent MCD followers agree that they have, for all practical purposes, saturated the US market with McDonalds outlets. A new growth theme for the US market would be welcome (I would think).
Just my 2 cents. I don't know of, nor do I proclaim to know of, any takeover talk between MCD and KKRO. I do think the merger would make sense though.
Gary |
