Burger King Worldwide Inc (NYSE:BKW) is said to be in discussion to buy Canadian coffee and doughnut chain Tim Hortons Inc. (NYSE:THI) (TSE:THI) to establish a fast food powerhouse with a combined market capitalization of about $18 billion.
The deal is expected to leverage Burger King Worldwide Inc (NYSE:BKW)’s expertise in global development to enhance Tim Hortons Inc. (NYSE:THI) (TSE:THI)'s international growth.
Details on the Burger King - Tim Hortons deal
While Burger King Worldwide Inc (NYSE:BKW) has a market value of about $9.6 billion, Tim Hortons Inc. (NYSE:THI) (TSE:THI)'s valuation is about $8.4 billion. That means that the restaurant companies...
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