Food & Drink

Burger King in Talks to Buy Tim Hortons

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  • Apr 14th, 2018 3:38 pm
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Banned
Jan 11, 2004
19816 posts
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MasterXan wrote: i am just wondering if there are any useful idiot Canadians who would put ideology/their American paymasters first over Canadian benefit.

I read a few comments on the Huffington Post CANADA and some Canadian commenters' heads are exploding over the fact that BK is doing a tax inversion and avoid U.S. taxes by moving their headquarters here even though we are the winners of that
it's not a tax inversion...BK is staying in Miami
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Mar 7, 2005
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Elmira
I know it's extremely unlikely but is there any chance this will actually IMPROVE the "food" at Tim's? Food is in quotes, because whatever Tim's serves now is barely fit to feed my dog

I guess this young CEO taking control and re-implementing things like freshly baked donuts is way out of the realm of possibility, right? If anything, costs and corners will be cut even further? Hmm?
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Nov 6, 2010
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Montreal, QC
Based on the article, seems everything will pretty much continue as usual, just that now they'll have the combined assets of both brands.
Sr. Member
Aug 12, 2012
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Richmond Hill
duckdown wrote: I know it's extremely unlikely but is there any chance this will actually IMPROVE the "food" at Tim's? Food is in quotes, because whatever Tim's serves now is barely fit to feed my dog

I guess this young CEO taking control and re-implementing things like freshly baked donuts is way out of the realm of possibility, right? If anything, costs and corners will be cut even further? Hmm?
Agreed. I can't remember ever hearing of BK doing anything to improve their food. In fact, didn't they fight to keep trans fat oils in their fryers when everyone else was switching? If people complain about the quality of Tim's food, BK has the resources to look the other way.
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Feb 9, 2012
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Frank311 wrote: Agreed. I can't remember ever hearing of BK doing anything to improve their food. In fact, didn't they fight to keep trans fat oils in their fryers when everyone else was switching? If people complain about the quality of Tim's food, BK has the resources to look the other way.
When an effort was made to create a "healthier" french fry @BK, they also chose to charge 30 cents more. Nobody wanted to pay more for fries.
:arrow: http://www.bloomberg.com/news/2014-08-1 ... izzle.html
Deal Addict
Jan 13, 2007
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Looking at the comments on CNN, most ppl in US see this as a success for Canada economy and a blow for theirs. Seems not everybody thinks the same here
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Jan 11, 2004
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arm2000 wrote: Looking at the comments on CNN, most ppl in US see this as a success for Canada economy and a blow for theirs. Seems not everybody thinks the same here
yes because we aren'tr as moronic as americans..canadians are a lot more educated than americans
Sr. Member
Aug 12, 2012
878 posts
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Richmond Hill
playnicee1 wrote: When an effort was made to create a "healthier" french fry @BK, they also chose to charge 30 cents more. Nobody wanted to pay more for fries.
:arrow: http://www.bloomberg.com/news/2014-08-1 ... izzle.html
I was referring to BK's resistance to switching oils back in '07 or '08 when people were going crazy over trans fats.

As for 'Satisfries', that's just a bad idea all together. Just make them healthier and call them fries.

Anyways, it'll be interesting to see if this brings any changes to the food menus or quality. IMO, neither brand has a good idea of what decent food is, but I'm sure the masses will still love whatever they put out there.
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May 1, 2012
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Scarborough
It will be nice grabbing some junior whoppers and an ice cap all at one location
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May 5, 2008
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Manitoba
What will happen to the wendys/timmies stores?
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Jul 22, 2006
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airmail wrote: What will happen to the wendys/timmies stores?
They will stay in business
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Feb 14, 2012
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Ontario
Fun fact - Tim Hortons original partner bought the full business for a million dollars following Tim Horton's death in the mid '70s. A million was a lot back then but still.
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Dec 28, 2007
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whopper + ice cap with donuts = heaven
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Jul 10, 2014
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Snow Road Station, O…
It's a done deal

im 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.
tim hortons burger king fries

Burger King and Tim Hortons have a firm offer on the table to create the world's third largest fast-food restaurant chain. (David Donnelly/CBC)

What's behind the Tim Hortons & Burger King deal

The new combined company would be based at the current headquarters of Tim Hortons, in Oakville, Ont. Burger King would continue to maintain its global home in Miami.

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.


[IMG]http://i.cbc.ca/1.2746344.1408995045!/f ... umbers.jpg[/IMG]

[IMG]http://i.cbc.ca/1.2747008.1409060703!/h ... /image.jpg[/IMG]


Source: http://www.cbc.ca/news/business/tim-hor ... -1.2746948
[IMG]http://i.cbc.ca/1.2747154.1409070107!/f ... -fries.jpg[/IMG]

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