Burger King

  • Burger King To Buy Tim Hortons Chain For About $11.4 Billion
    August 26, 2014  

    In the past three years, 22 American companies have relocated outside U.S. borders, usually through mergers with or purchases of a foreign company. That move, known as a tax inversion, means corporations are no longer subject to American corporate taxes. Jeffrey Brown learns more about the strategy and its effect on the economy from Roberton Williams of the Tax Policy Center. Continue reading

  • File photo of a Tim Hortons cafe in New York City taken on Aug. 25. The American fast food giant Burger King announced it has agreed to merge with Canadian coffee and cafe chain Tim Hortons. Photo by Spencer Platt/Getty Images
    August 26, 2014   BY Ariel Min 

    Burger King announced on Tuesday that it will buy Canadian restaurant chain Tim Hortons for about $11.4 billion, which would create the world’s third-largest fast-food chain. The deal also would move Burger King’s headquarters to Canada. Continue reading