Burger King is planning a $2.5bn (£1.3bn) flotation on Wall Street. The company started with one restaurant in Miami in 1954 but now has more than 11,220 eateries in 61 countries. Private equity groups Texas Pacific, Bain Capital and Goldman Sachs Capital Partners acquired the fast food chain from Diageo three years ago. They are planning to appoint an investment bank within weeks to advise on an initial public offering in New York. The Sunday Times 15/01/06 (Business) page 3.3