Burger King Offers Whopper Pay Day To Investors Monday

Burger King Worldwide (NYSE: BKW) offered investor Bill Ackman a $300 million payday Monday after it confirmed it's in merger talks with

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Tim Hortons

(NYSE: THI).Burger King traded recently up more than 20 percent at $32.65 a share, making Ackman's Pershing Square stake worth $1.33 billion, up from $1.03 billion Friday, when shares were around $27. Pershing owns an 10.9 percent stake in Burger King, or about 38.4 million shares.The biggest Burger King holder is 3G Capital at more than 69 percent or about 243.9 million shares. 3G took Burger King private in a $3.26 billion deal in 2010 and then relaunched it on the New York Stock Exchange in 2012.Chase Coleman's Tiger Global hedge fund has 7.2 million shares and Principal Financial Group Inc. has 5.7 million shares. Also on the list: the teachers' and professors' retirement fund TIAA-CREF with 4.1 million shares.