Burger King to buy Tim Hortons for $11.4 billion - will no longer - TopicsExpress

Burger King to buy Tim Hortons for $11.4 billion - will no longer be an American company. The New York Times: Burger King Worldwide Inc. agreed on Tuesday to buy the Canadian restaurant chain Tim Hortons Inc. for about $11.4 billion, creating one of the biggest fast-food operations in the world - with a little financing help from Warren Buffett. As part of the transaction, however, the American burger giant will move its home to Canada, where the combined companys biggest market will be. The combined company will have 18,000 restaurants in 100 countries, and $23 billion in annual revenue

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