Burger King in Talks to Buy Tim Hortons in Canada Tax Deal
By LIZ HOFFMAN and DANA MATTIOLI
Burger King Worldwide Inc. BKW +18.81% is in talks to buy Canadian coffee-and-doughnut chain Tim Hortons Inc., THI.T +20.02% a deal that would be structured as a so-called tax inversion and move the hamburger seller's base to Canada.
The two sides are working on a deal that would create a new company, they said in a statement, confirming a report on the talks by The Wall Street Journal. The takeover would create the third-largest quick-service restaurant provider in the world, they said.
Dot com stone age
Why the Canadian government needs to hit refresh on its digital strategies
When former Public Safety Minister Vic Toews stood in the House of Commons and proclaimed that anyone who didn’t support the government’s new Lawful Access legislation was standing with the child pornographers, the Internet collectively decided he was being ridiculous. When MP Dean Del Mastro compared ripping a CD to buying socks and then stealing shoes (because, you know, feet), the Internet collectively decided he was being profoundly stupid.
Bissell’s subway dining for one
When you think of the dirtiest floors in Canada, which come to mind? A public restroom? A mall entryway? How about the floor of the subway platform?
If you were dared to eat food off that floor – would you?
Ravi Dalchand, senior brand manager at Bissell Canada would – supposing, of course, he had a chance to clean it up first. To promote the brand’s latest steam vacuum cleaner, which promises to clean 99% of germs, Dalchand, along with the KBS+ creative team, headed to Toronto’s Bloor subway station to do a bit of cleaning and dining.