Would you like a Whopper with that double double...

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Would you like a Whopper with that double double...

Postby snafu » Mon Aug 25, 2014 10:25 am

Bad bad move in my opinion..

Shares in Burger King and Tim Horton's have jumped dramatically in pre-market trading in New York on news the two companies are talking about joining forces.
It’s not known what such a deal would be worth, but both stocks surged, with U.S.-based Burger King up 16.2 per cent to $27.11 (U.S.)
Shares in Tim Hortons jumped 16.96 per cent to $62.84.
An agreement could be reached as soon as this week, a person briefed on the matter told The New York Times.
If Burger King joins forces with Tim Hortons, the new publicly traded company would be based in Canada and would have tax advantages for the U.S.-based burger chain.
Burger King would be able to shave its American tax bill in what’s called a tax inversion, something that has become increasingly popular among U.S. companies trying to cut costs.


http://www.thestar.com/business/2014/08 ... _king.html

What's wrong with Tim Hortons is that they've forgotten their roots and what made them successful.

Now if they'd partner up with another Canadian chain like say Harvey's... I might feel differently.

But Burger King.. No thank you.
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Re: Would you like a Whopper with that double double...

Postby Joebullets » Wed Sep 17, 2014 10:45 am

Let's not forget that Timmies hasn't been Canadian in a very long time. They were bought by Wendy's in '95.
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