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Burger King in Talks to Buy Tim Hortons in Canada Tax Deal

Posted by blogekiyai on Monday, August 25, 2014

This Wednesday, June 20, 2012, photo shows a Burger King sign in Richardson, Texas. The world's No. 2 hamburger chain began trading as a public company again Wednesday under the ticker symbol “BKW” for TKTKT a share. The Miami-based chain had last traded as a public company between 2006 and 2010, before it was purchased and taken private by investment firm 3G Capital. ( ( AP Photo/LM Otero)
This Wednesday, June 20, 2012, photo shows a Burger King sign in Richardson, Texas. The world's No. 2 hamburger chain began trading as a public company again Wednesday under the ticker symbol “BKW” for TKTKT a share. The Miami-based chain had last traded as a public company between 2006 and 2010, before it was purchased and taken private by investment firm 3G Capital. ( ( AP Photo/LM Otero)

Burger King Worldwide Inc. BKW +1.01% is in talks to buy Canadian coffee-and-doughnut chain Tim Hortons Inc., THI.T +2.79% a deal that would be structured as a so-called tax inversion and move the hamburger seller's base to Canada, according to people familiar with the matter.

Read the whole story at wsj.com

Source : http://www.huffingtonpost.com/2014/08/24/burger-king_n_5706137.html?utm_hp_ref=business&ir=Business

at 1:56 AM