Burger King says 3G Capital to buy company for $4 billion

* Says stockholders will receive $24.00 in cash per share

* Says 3G Capital has obtained committed financing to purchase all outstanding shares and refinance existing indebtedness

* May solicit superior proposals from third parties for a period of 40 calendar days continuing through October 12, 2010

* Says agreement has been unanimously approved by the company's board

* Says John Chidsey, will assume a newly created position of co-chairman of the board

* 3G Capital will commence tender offer for all of outstanding shares of company no later than September 17, 2010

* Says Alex Behring, will be appointed co-chairman of the of the company board, alongside Chidsey

* Affiliates of TPG Capital, Goldman Sachs Capital and Bain Capital agreed to tender their shares into the offer

* Deal conditioned upon, among others, satisfaction of minimum tender condition of about 79.1 percent of common shares

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