Tim Hortons being acquired . . . by Burger King

[Rwede]

Burger King? How odd.

I wonder if Timmy's stock prices have fallen today. The undying (free) support they get from Canadian's, because we see it as an all Canadian company, will go out the window if they align with Burger King, IMO.

THI is up 22% this morning. Yeah, the market likes it.

[Oxl3y]

Not the first time a Canadian icon has gone to the Kings.

[Captain Awesome]

I wonder if Timmy's stock prices have fallen today.

Went up by 20 percent.

[oneh2obabe]

Tim Hortons (THI)
$82.11 Up 13.33(19.38%) 3:34PM EDT

Real time trading
https://ca.finance.yahoo.com/q?s=THI.TO

Burger King Worldwide, Inc. (BKW)
$32.32 Up 5.21(19.23%) 3:52PM EDT

Real time trading
http://finance.yahoo.com/q?s=BKW&ql=1

[Captain Awesome]

The reality is that nobody really cares if it's Canadian chain or not. Outside of a very limited number of people who would go there just to support a Canadian company as opposed to going to a neighborhood place or McD's, coffee and fast food became a very commodity-type business - the only thing that matters are people's habits and the price levels.

Sure some people choose to pay extra 20c to buy "Canadian", but it doesn't change anything on a big scale.

[GordonH]

*removed*

[GordonH]

Oops my bad, should have said 2 equals companies working together so that one can screw lower their taxes to Old Uncle Sam.

Does that work okay, I know blew it again. Sorry Jo

[Ub2]

I was watching BNN this morning, and they indicated that in comparison, Tim Horton's punches way above it's weight compared to BK, which isn't doing that well, and it is speculated that you should expect changes to the Tim's chain as BK's major share holder of 70% is owned by 3G, a U.S. hedge fund company, which of course is only interested in their bottom line.

[Captain Awesome]

...which of course is only interested in their bottom line.

Who isn't?

[Ub2]

.
Who isn't?

Me!

[OREZ]

Who cares? They're both fast food chains.

Do people still think of Tim Hortons as being Canadian or something?

[Captain Awesome]

removed.

[neroas]

Burger King will become canadian then so timmies. Whats the prob bob?

[Ken7]

It may be interesting to see if this goes ahead how it works out. I refuse to go to Tim Hortins now, unless I am walking. How will this impact Burger King when you have to wait for the coffee row to clear before you can order a meal?

Not that I'm a fast food burger guy, but if I was I would choose the shorter line up, and it won't be at King Hortins.

[Hassel99]

Tim Hortons (THI)
$82.11 Up 13.33(19.38%) 3:34PM EDT

Real time trading
https://ca.finance.yahoo.com/q?s=THI.TO

Burger King Worldwide, Inc. (BKW)
$32.32 Up 5.21(19.23%) 3:52PM EDT

Real time trading
http://finance.yahoo.com/q?s=BKW&ql=1

The deal is done

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.

Very interesting deal.