Report: Burger King and Tim Hortons in talks to merge
Aug 24 2014, 21:43 ET | About: Burger King Worldwide Inc. (BKW)
Burger King Wordwide (NYSE:BKW) is in talks to buy Tim Hortons (NYSE:THI) in a deal that would create the 3rd largest quick-service restaurant company in the world, according to the WSJ. Sources indicate the deal is being structured as a tax inversion transaction in which the new company would be headquartered in Canada. Tim Hortons and Burger King are expected to remain distinct brands if the merger is finalized.
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