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Burger King eyes Tim Hortons for tax inversion deal

www.usatoday.com Published: August 25, 2014
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Burger King is working on a whopper of a business deal, according to USA TODAY.


The burger chain is in talks with Canadian restaurant chain Tim Hortons about merging, a plan that, if accomplished, would create the world's third-largest fast food restaurant company, with more than 18,000 outlets in 100 countries and about $22 billion in system sales, the companies said in a statement.


Shares of Burger King (BKW) jumped 16% in pre-market trading on the news that the companies were looking to create a new, publicly traded company headquartered in Canada.



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