Reuters: Burger King could acquire the Canadian donut-and-coffee chain in a deal costing roughly $18 billion.
Reuters: Burger King could acquire the Canadian donut-and-coffee chain in a deal costing roughly $18 billion.
Burger King and Tim Hortons, comparable in size by market value, confirmed their merger discussions late on Sunday, saying the new company would be the world’s third-largest quick service restaurant. It would be based in Canada, which has lower overall corporate taxes than the United States, especially for entities that have large amounts of earnings from overseas.
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