Burger King In Talks To Buy Tim Hortons - Presented by: The Aol. On Network

Burger King is in talks to buy doughnut chain Tim Hortons and create a new holding company headquartered in Canada, a move that could shave its tax bill. Such an overseas shift, called a tax inversion, has become increasingly popular among U.S. companies and a hot political issue. Burger King was founded in 1954 with a single restaurant in Miami, where it is currently based. Shares of Burger King and Tim Hortons both jumped 17 percent before the opening bell, heading toward all-time highs.



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