Burger King (BKW +0.3%) strikes a joint venture agreement with long-time franchisee Beboca to...

|By:, SA News Editor

Burger King (BKW +0.3%) strikes a joint venture agreement with long-time franchisee Beboca to help expand the fast-food chain in Central America. The venture will acquire the master franchise rights for the 178 restaurants in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama, and will develop the brand in those countries.