Burger King Worldwide Inc. (BKW) agreed to acquire Tim Hortons Inc. (THI) for about C$12.5 billion ($11.4 billion) in a deal that creates the third-largest fast-food company and moves its headquarters to Canada.Tim Hortons investors will receive C$65.50 in cash and 0.8025 a share of the combined entity for each share they own, the companies said in a statement today. The transaction, which is backed in part by Warren Buffett’s Berkshire Hathaway Inc. (BRK/B), values each Tim Hortons share at C$94.05, based on Burger King’s closing price yesterday.The purchase brings Burger King the biggest seller of coffee and doughnuts in Canada, which it can use to grow internationally. The deal also lets the burger chain push into the grocery business by selling packaged coffees at supermarkets in North America. The combined business would create a fast-food network with $23 billion in sales, including franchisees, and more than 18,000 restaurants in 100 countries.
It was only a matter of time.
BUT!Burger King is moving their HQ to Canada.So, America..... IS BECOMING CANADA!!!! MWHAHAHAHA!
LolnoBurger King is just infiltrating your ranks for the freedom brigade. Prepare to be liberated, you commie scum!
.-. I swear to god, if my Hot Chocolate, Sesame seed bagel, and chocolate chip muffin get fucked up by BK.I'm coming for 'Murica ):<
Say goodbye to your commie shiz!
democracy is non-negotiable
Tim Horton's isn't even a Canadian thing. There's literally one right down the road from me.
Tim Horton's was created by Tim Horton. A hockey player for the Toronto Maple Leafs. It started as a Canadian only single store and has become a staple of Canadian culture.Tim's has recently started expanding into the US.
The yanks and snow yanks are turning on each otherSpoilerOur plan is proceeding as expected. Good....
top lel at thinking England has been relevant since WWII
Canada does have oil...
Canada slowly becoming part of murica!
