Tuesday, December 10, 2024

Burger King to buy Tim Hortons

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The Associated Press

MIAMI — The fight for the coffee and breakfast crowd is heating up, both at home and abroad.

Burger King said Aug. 26 it will buy Tim Hortons in an $11 billion deal that would create the world's third largest fast-food chain. The company is hoping to turn the coffee-and-doughnut chain into a household name outside Canada, and give itself a stronger foothold in the booming morning business.

Alex Behring, Burger King's executive chairman, said the new company would be one of the fastest-growing fast-food chains in the world. . .

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