As Bill Ackman revels in nearly a $161 million profit in his Burger King Worldwide Inc (NYSE:BKW) trade this morning, and the fast food company announces its taste to acquire Canada’s Tim Hortons Inc. (NYSE:THI) (TSE:THI) drought chain, is the deal really a real estate play? Burger King’s stock jumps on Tim Horton’s acquisition news The stock of Burger King Worldwide Inc (NYSE:BKW) oddly jumped on the news of the Tim Hortons Inc. (NYSE:THI) (TSE:THI) acquisition – the purchaser in an acquisition deal jumps in price on a much less frequent basis than the stock being acquired. But nonetheless Tim Hortons is up…
Is Burger King's Acquisition of Tim Horton A Real Estate Play?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.