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Burger King Wraps Up $11B Tim Hortons Deal

The Street - 26 Aug 2014 18:55
This story has been updated from 11:34 am EDT with comments from a conference call with reporters. NEW YORK (The Deal) -- Burger King Worldwide aconfirmed Tuesday that it agreed to acquire Tim Hortons ain an $11 billion merger structured as a tax inversion. The announcement comes one day after the two restaurant chains confirmed they were in talks about a deal. The deal puts more pressure on McDonald's abreakfast program, with Burger King getting one of Canada's largest coffee and breakfast chai...
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