"Burger King says it struck a deal to buy Tim Hortons Inc. for about $11 billion, a move that would give the fast-food company a stronger foothold in the coffee and breakfast market. The corporate headquarters of the new company will be in Canada, which stands to help lower Burger King’s corporate taxes. Such tax inversions have been criticized by President Barack Obama and Congress because they mean a loss of revenue for the U.S. government. Sen. Sherrod Brown, D-Ohio, is calling for a boycott of Burger King (and for) a creation of a global minimum tax rate. Berkshire Hathaway (Warren Buffett) is . . . helping finance the Tim Hortons deal with $3 billion of preferred equity financing . . ."
http://cleveland.cbslocal.com/2014/0...-white-castle/
08-26-2014, 11:01 AM
Have it your way!
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