Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Burger King is in talks to buy Tim Hortons
National Post ^ | August 24, 2014 | Financial Post Staff

Posted on 08/24/2014 7:27:28 PM PDT by Squawk 8888

Tim Hortons coffee could soon be the property of Burger King Worldwide, with the two companies confirming late Sunday night that they are in discussions for the U.S. burger chain to buy Canada’s iconic coffee and donut chain. The big draw for Burger King, according to a report from the Wall Street Journal, is the potential for tax inversion — effectively relocating the company’s home base to Canada to take advantage of the country’s comparatively lower tax base.

The two companies issued a statement confirming they are in discussions “regarding the potential creation of a global leader in the quick service restaurant business. The new publicly-listed company would be headquartered in Canada, the largest market of the combined company.”

Combined, the two companies have a US$18-billion market cap and their merger would create the third-largest quick-service restaurant provider in the world.

While the brands would continue to operate individually, the companies’ statement said, 3G Capital, the Brazilian private equity firm that controls Burger King, “will continue to own the majority of the shares of the new company on a pro forma basis, with the remainder held by existing shareholders of Tim Hortons and Burger King.”

Tim Hortons is based in Oakville, Ont. and Burger King is based in Florida. Together they account for US$22-billion in sales and over 18,000 restaurants in 100 countries worldwide.

(Excerpt) Read more at nationalpost.com ...


TOPICS: Business/Economy; Canada; Culture/Society; US: Florida
KEYWORDS: fastfood
Navigation: use the links below to view more comments.
first previous 1-2021-4041-42 next last
To: Squawk 8888
I was based at Bagram and whenever we went to Kandahar someone on the crew would always make a run to Tim Hortons. We loved their donuts!
21 posted on 08/24/2014 9:30:36 PM PDT by AlaskaErik (I served and protected my country for 31 years. Progressives spent that time trying to destroy it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Squawk 8888

that’s because they are congealed grease.


22 posted on 08/24/2014 9:32:10 PM PDT by RitchieAprile
[ Post Reply | Private Reply | To 8 | View Replies]

To: Squawk 8888
Miles Gilbert "Tim" Horton Leafs D (1952-1970) Tim Horton photo TimHorton_03_zps4a05ce9f.jpg
23 posted on 08/24/2014 9:41:33 PM PDT by RitchieAprile
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican

“Burger King used to be higher quality 20 years ago. Recently I went to a Burger king and ordered a Burger. Tasted like cardboard. I kid you not. Dry. Stale”

Ditto for McDonald’s. Their Big Mac is a tiny dried out burger turd now that’s really not fit to eat.


24 posted on 08/24/2014 10:10:44 PM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
[ Post Reply | Private Reply | To 10 | View Replies]

To: catnipman

I never did like McD’s burgers- I like them broiled the way the Good Lord intended. Fried burgers are blasphemous.


25 posted on 08/24/2014 10:14:12 PM PDT by Squawk 8888 (Will steal your comments & post them on Twitter)
[ Post Reply | Private Reply | To 24 | View Replies]

To: WhirlwindAttack; All
We have a small bakery (Lex./cKY) owned by "the Mondelli's",
Their donuts/cinnamon twists are heavenly.

26 posted on 08/24/2014 10:35:24 PM PDT by skinkinthegrass (The end move in politics is always to pick up a weapon...eh? "Bathhouse" 0'Mullah? d8^)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Squawk 8888

First “Gay” Whoppers.... how will they make a spin on Tim Hortons?


27 posted on 08/24/2014 11:55:27 PM PDT by Politicalkiddo ("Never do anything against conscience, even if the State demands it." -Albert Einstein)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican
Recently I went to a Burger king and ordered a Burger. Tasted like cardboard. I kid you not. Dry. Stale.

Oh, that was probably just the pink slime they add.

28 posted on 08/25/2014 12:27:42 AM PDT by Veggie Todd (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)
[ Post Reply | Private Reply | To 10 | View Replies]

To: garjog

Bwahahahah!


29 posted on 08/25/2014 12:29:32 AM PDT by Cold Heat (Have you reached your breaking point yet? If not now....then when?)
[ Post Reply | Private Reply | To 17 | View Replies]

To: fanfan
Ummm..

Ottawa would allow this? Isn't that desecrating a National Institution, or something??

30 posted on 08/25/2014 12:40:20 AM PDT by NoCmpromiz (John 14:6 is a non-pluralistic comment.)
[ Post Reply | Private Reply | To 29 | View Replies]

To: Squawk 8888
So I clicked your link... Found this: "Sunday: closed for Church"...

A burgerjoint version of ChicFilA... ;-)

Now if only one of those two would open up close to this corner of the world, they'd have my business. (Gotta drive 60 miles for ChicFilA..)

31 posted on 08/25/2014 12:47:25 AM PDT by NoCmpromiz (John 14:6 is a non-pluralistic comment.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: RginTN

“Is Tim Hortons better than Krispy Kreme??”

The donuts suck but the coffee is the best.

I sure hope BK doesn’t screw it up.


32 posted on 08/25/2014 1:04:44 AM PDT by Nik Naym (It's not my fault... I have compulsive smartass disorder.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: NoCmpromiz

Wow, I noticed even more about them- there is a Gospel link on their site that is exactly that. Salvation by stealth- love it!


33 posted on 08/25/2014 2:18:21 AM PDT by Squawk 8888 (Will steal your comments & post them on Twitter)
[ Post Reply | Private Reply | To 31 | View Replies]

To: Squawk 8888

No... I swear they have popped up EVERYWHERE in northwestern PA and western NY... the locals here LOVE Timmay’s... especially when they have those cups that you roll the lip up on and see if you won a prize.


34 posted on 08/25/2014 4:11:26 AM PDT by Rodamala
[ Post Reply | Private Reply | To 18 | View Replies]

To: Squawk 8888

Have it your way, eh?


35 posted on 08/25/2014 4:12:49 AM PDT by Lonesome in Massachussets (This is known as "bad luck". - Robert A. Heinlein)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RginTN

I spent about six months in Kitchner-Waterloo, eh? I started my shift at 05:00. There were two Tim Hortons open at that time, one was smoking and the other non-smoking. Let the market decide, eh. I would grap a 16 once, that’s 454 ml, and a sour cream on my way in. It may be an acquired taste, but I miss ‘em. I stopped at one in Maine with my wife, it was a disappointment. More limited menu, the coffee nowhere near as good as I remembered it.

The city in the World that drinks the most coffee per capita was (and may well still be) Moncton, New Brunswick, eh.


36 posted on 08/25/2014 4:19:20 AM PDT by Lonesome in Massachussets (This is known as "bad luck". - Robert A. Heinlein)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Rodamala

Maybe it’s popular there because you’re in hockey country LOL.


37 posted on 08/25/2014 4:55:41 AM PDT by Squawk 8888 (Will steal your comments & post them on Twitter)
[ Post Reply | Private Reply | To 34 | View Replies]

To: Squawk 8888; RitchieAprile
Maybe it’s popular there because you’re in hockey country LOL.

Well, afterall, it is the best game you can name!

38 posted on 08/25/2014 7:27:19 AM PDT by Rodamala
[ Post Reply | Private Reply | To 37 | View Replies]

To: Lonesome in Massachussets
I was listening to a radio station out of Canada about a year ago and the morning hosts were discussing how millenials in Canada have effectively replaced "...eh?" with "...right?" (spoken in a similar ascending interrogative type pitch as "eh?"). Apparently they don't like to sound like an old fuddy-duddy backwoods yokel or a gay lumberjack or whatever... yet they still desire validation or consensus the way Canadians seem to with the stereotypical "eh?".

Listen to any Canadian talk, and it will stand right out... it's like the equivalent of the kids in America now all saying "Not a problem" instead of "You are welcome".

Speaking of Canada speak... I always get a kick out of how they make long vowels short and vice versa compared to us... like the word produce (as in fruits and vegetables). Down here it would be PROH-doos, but up there it is PRAH-duhs.

39 posted on 08/25/2014 7:38:38 AM PDT by Rodamala
[ Post Reply | Private Reply | To 35 | View Replies]

To: Squawk 8888

“I never did like McD’s burgers”

Forty years ago I thought I liked them. I’m not sure if I changed or the burgers changed or both. Most people of my age assure me that McD burgers did in fact used to be MUCH better.

Of course, I don’t like ANY of the chain burgers now, and pretty much any of ‘em give me a belly ache. The worst thing is that everyone cooks ‘em into charcoal briquets now because they solve their e. coli problem like that at the end instead of safely handling the uncooked burger all along the way.


40 posted on 08/25/2014 9:53:24 AM PDT by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
[ Post Reply | Private Reply | To 25 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-42 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson