Investments

Who Wins If Burger King Acquires Tim Hortons? Everyone

Burger King is set to purchase Tim Hortons in a deal worth over $11 billion. The deal will combine the two entities into the third largest quick service restaurant worldwide. Such a deal would allow Burger King to move its headquarters to Canada and enjoy tax savings, as well as free up shares and introduce synergetic savings. Shares in both Burger King and Tim Hortons swelled over 19% in trading the day news of the deal broke. Buy in once they contract for a long position. Read more at Seeking Alpha.