or will it just be a merger of convenience......?
Many Americans may have the idea that Canada, with its socialized health care system, is a high-tax country, but when it comes to corporate taxes, our northern neighbors can boast the second lowest rates in the G-7. That has Burger King looking at crossing the border: The iconic American fast-food brand is in talks to buy coffee-and-donuts chain Tim Hortons and move its headquarters to Canada.
In a statement late Sunday night that confirmed an earlier report in the Wall Street Journal that a deal was in the works, the companies said the combination would create the third-largest quick service restaurant company in the world, with approximately $22 billion in sales and over 18,000 restaurants in 100 countries worldwide.
more
http://dealbook.nytimes.com/2014/08...hp=true&_type=blogs&partner=yahoofinance&_r=1&
Many Americans may have the idea that Canada, with its socialized health care system, is a high-tax country, but when it comes to corporate taxes, our northern neighbors can boast the second lowest rates in the G-7. That has Burger King looking at crossing the border: The iconic American fast-food brand is in talks to buy coffee-and-donuts chain Tim Hortons and move its headquarters to Canada.
In a statement late Sunday night that confirmed an earlier report in the Wall Street Journal that a deal was in the works, the companies said the combination would create the third-largest quick service restaurant company in the world, with approximately $22 billion in sales and over 18,000 restaurants in 100 countries worldwide.
more
http://dealbook.nytimes.com/2014/08...hp=true&_type=blogs&partner=yahoofinance&_r=1&