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Old 08-25-2014, 12:28 PM
 
Location: Tennessee/Michigan
28,965 posts, read 49,744,746 times
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Burger King is in merger talks with Canadian coffee chain Tim Hortons, a deal that would allow the burger seller to relocate out of the U.S. and possibly cut its tax bill.

The new company would be headquartered in Canada, the two firms said in a joint statement. Both Tim Hortons (THI) and Burger King (BKW) would continue to operate as standalone brands.

Is Burger King moving to Canada? - Aug. 24, 2014
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Old 08-25-2014, 01:23 PM
 
Location: Texas
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NO! I don't care about the tax implications, I just don't want BK to ruin Timmy's......
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Old 08-25-2014, 01:41 PM
 
Location: East of Seattle since 1992, originally from SF Bay Area
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Quote:
Originally Posted by Texas Ag 93 View Post
NO! I don't care about the tax implications, I just don't want BK to ruin Timmy's......
I agree, we're going to stop by one in Vancouver this weekend, hopefully they haven't messed it up by then.
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Old 08-25-2014, 03:18 PM
 
Location: Michigan
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Never really liked Tim Hortons. I could find better tasting food at cheaper prices elsewhere. But it surprises me that Burger King would be the company to buy them.
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Old 08-25-2014, 08:05 PM
 
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As long as they take their awful fries with them, Bon Voyage!!!

Last edited by 313Weather; 08-25-2014 at 08:14 PM..
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Old 08-25-2014, 08:12 PM
 
3,751 posts, read 4,059,345 times
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Originally Posted by animatedmartian View Post
Never really liked Tim Hortons. I could find better tasting food at cheaper prices elsewhere. But it surprises me that Burger King would be the company to buy them.
Their chili is pretty yummy, though.
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Old 08-25-2014, 08:59 PM
 
Location: Philaburbia
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Originally Posted by Texas Ag 93 View Post
NO! I don't care about the tax implications, I just don't want BK to ruin Timmy's......
This.
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Old 08-26-2014, 10:11 AM
 
2,472 posts, read 2,711,048 times
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Well, they can avoid the high corporate tax in the US. Thanks Washington.
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Old 08-26-2014, 11:36 AM
 
Location: Warwick, RI
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It makes sense from a business perspective far beyond just the inversion issue. Burger King needs to change things up to compete with McDonalds and breakfast is where they have the most room to grow, so Tim Hortons coffee, donuts and breakfast sandwich experience will be a good addition to the BK lineup. Tim Hortons needs to grow it's business outside of Canada, and BK provides them with an established chain of stores in the US and internationally. The two brands seem like a potentially good match, and given that the brains behond it seem to be 3G Capital and Berkshire Hathaway (Warren Buffett), I would think they have a pretty good idea of how to go about it.
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Old 08-26-2014, 03:30 PM
 
9,736 posts, read 8,092,405 times
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Why do they even need to buy Tim Horton in order to do this? Is there a Canadien law that says companies not originally from the great white north cannot open up shop here, or they have to buy an existing business first?
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