Buffett Helps Finance Burger King’s Takeover Of Tim Hortons

26Aug2014August 26, 2014

Buffett Helps Finance Burger King’s Takeover Of Tim Hortons

Warren Buffett is extending financing to Burger King Worldwide Inc (NYSE:BKW) for its takeover of Canadian coffee-and-doughnut chain Tim Hortons Inc. (NYSE:THI) (TSE:THI), the Wall Street Journal reports citing knowledgeable sources.

Burger King's acquisition of Tim Hortons was announced on Tuesday, August 26th. The combined company will enjoy around $23 billion in total sales, with more than . . .

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Author

Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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