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Tim Hortons has agreed to be bought by the company that owns Burger King in a deal that could culminate in the world's third largest fast-food company.
The deal is structured as follows:
3G Capital, the investment firm that owns Burger King, would pay $65.50 in cash for every Tim Hortons share already out there.
In addition to that cash, every Tim Hortons shareholder would get 0.8025 shares in the new, as yet unnamed company.
Shareholders also would have the right to choose an all-cash or all-stock option.
originally posted by: Iamthatbish
I don't eat either of these companies poison either.
Speak with your money. Support companies that you want to see stay in business.
originally posted by: butcherguy
This merger made me wonder.
If the big corporations are raping us all and not paying their fair share in the US, why is it attractive for them to move their corporate headquarters outside of the US?
The correct answer is that the corporate tax rates are lower in other countries.
So are you Canucks facilitating the corporate rape of US citizens?