Burger King in Talks to Buy Tim Hortons

By: Associated Press
By: Associated Press

MIAMI (AP)-- Burger King is in talks to buy Tim Hortons and form a new publicly listed company that would be based in Canada.

The two fast-food companies announced Sunday that Burger King majority owner 3G Capital would continue to own the majority of the shares of the new company, with the remainder held by existing shareholders of Tim Hortons and Burger King.

The companies' statement says Miami-based Burger King Worldwide Inc. and Ontario-based Tim Hortons Inc. would continue to operate as standalone brands but would share corporate services and benefit from the best practices of each.

The new company would have 18,000 restaurants in 100 countries worldwide. The companies say that would make it the world's third-largest fast-food restaurant company.


WILX.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards.

See full commenting rules...
powered by Disqus
WILX 500 American Road Lansing, MI 48911 517-393-0110
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 272513511 - wilx.com/a?a=272513511
Gray Television, Inc.