Burger King, the famous fast food chain, is reportedly in advanced talks to buy Tim Hortons – the Canadian coffee and donut joint. Warren Buffet, the founder of Berkshire Hathaway is also backing the merger deal.
Burger King is the latest in a series of high profile companies that have discussed or carried out corporate inversions, whereby a company relocates is headquarters outside the United States so that it can pay less taxes.
09 Aug '24 16:35PM