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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