Is Burger King's Acquisition of Tim Horton A Real Estate Play?

Mark Melin

Published onAugust 25, 2014

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 nearly 20 percent in early morning trade while Burger King is up almost as much, near 17 percent.

This type...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

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.

Is Burger King's Acquisition of Tim Horton A Real Estate Play?

Login required to continue reading.

Get Your Business News