[Presto]

OAKVILLE, Ont. (NEWS1130) (http://www.news1130.com/2014/08/24/tim-hortons-sale-in-the-works/) – Burger King is in talks to buy Tim Hortons Inc. (TSX: THI) and form a new publicly listed company that would be based in Canada.

They said in a statement Sunday night that Canada would be the largest market of the combined company.

The statement said 3G Capital, the majority owner of Burger King, would continue to own the majority of the shares of the new company on a pro forma basis, with the remainder held by existing shareholders of Tim Hortons and Burger King.

The companies say Ontario-based Tim Hortons and Miami-based Burger King would operate as standalone brands.

The statement adds that the new corporation would be the world’s third-largest quick service restaurant company, with approximately $22 billion in system sales and over 18,000 restaurants in 100 countries worldwide.

The companies say they will not comment further unless there is a deal.

Anyone have THI stock? ;)

[Timpo]

I'd be tempted to purchase some shares but the thing about stock market is always unpredictable... :(

as we know things like this happen all the time in business world but it doesn't always raise the stock value.

[flagella]

^well no shit.

[murd0c]

I really wonder what would happen with the deal with Wendy's then

[Marshall Placid]

The following are my opinions only:

Not a good idea.

BK, I believe, went public in 2012 for the THIRD time.

This is a bad deal for Tim Hortons, but a solid one for BK if it goes through, pending approval from a lot of stakeholders, and a lot depends on the price and terms.

For Tim Hortons, I believe it should focus on its core food items (coffee, pastries, etc.), and purchase a similar company in the USA (Dunkin Donuts?), rather than merging or having BK takeover.

[westopher]

Ugh, I wish both would just either not exist, or just be better. Such wastes of space.

[SkinnyPupp]

If this increases the chances of there being a Tim Horton's in my location (BK has a presence here and throughout asia), I am all for it :thumbs:

[StylinRed]

isnt bk floundering?

seems like a bad deal for timmies well unless of course theres a nice payday

[josayeee]

I read another article saying BK was going to get some huge tax break in the US by making themselves a Canadian company. I don't think it's a good sign for BK if this is the main reason for the merger.

[Tim Budong]

If this increases the chances of there being a Tim Horton's in my location (BK has a presence here and throughout asia), I am all for it :thumbs:

one part of canada a lot of people seem to miss living overseas...no matter how crappy their Coffee is.

Timmys has become a big part of what Canada is

[SkinnyPupp]

one part of canada a lot of people seem to miss living overseas...no matter how crappy their Coffee is.

Timmys has become a big part of what Canada is
I just miss being able to get decent donuts... Krispy Kreme was here for a white but for some reason they didn't do well enough... This is despite there being consistently huge lineups at all their other locations in Asia, so it's weird...

[multicartual]

Last time I had burger king it was fucking disgusting!!!


Wendy's is basically the best fast food you can get, IMO


Burger King is actually worse than McDonald's. Clown food is already basically poison, but Burger King is like poorly served poison.

Fuck I had a whopper at the Granville street location and I couldn't finish it. I gave it to a drunk who had his head down on a table.

[SoNaRWaVe]

not an expert here, but in my general opinion i think this is a bad move for Tim Hortons.

their branding power is much much superior than BK. i fear that if BK takes on Tim Hortons, Tim Hortons will cease to exist :(

[Manic!]

Tim Hortons is almost maxed out in Canada and wants to expand around the world. Burger King is a way bigger company and has the knowledge man power and connections around the world to help them with that. This might not be a good deal for the customers but is a good deal for the shareholders and that's all that matters.

[Timpo]

Last time I had burger king it was fucking disgusting!!!


Wendy's is basically the best fast food you can get, IMO


Burger King is actually worse than McDonald's. Clown food is already basically poison, but Burger King is like poorly served poison.

Fuck I had a whopper at the Granville street location and I couldn't finish it. I gave it to a drunk who had his head down on a table.

Well I think Burger King sells worst coffee.
I think they might have switched to Seattle's Best Coffee by now but it used to be super disgusting thing that didn't even taste like coffee.

[Timpo]

Btw I think Burger King's Burger and fries taste better than McDonald's.

[Timpo]

oh yeah, and A&W sucks.

Their website sucks too.

Difference between Canadian A&W and Japanese A&W.

Canadian: Welcome to A&W Food Services of Canada Inc. (http://www.aw.ca/)
American: A&W Restaurants | A&W® All American Food (http://www.awrestaurants.com/)
JDM: A&W?? (http://www.awok.co.jp/)

[Bouncing Bettys]

I remember when Tim's would actually freshly bake their doughnuts on-site. There was a pleasant bakery smell when you entered. Presently: their food tastes like shit, the ice capps give me instant liquid shits, and they seem to have a policy of hiring unattractive women. Last I read, their food isn't even produced by canadian companies. It can fuck off to the rest of the world, but thanks for the free wifi.

[7seven]

I read another article saying BK was going to get some huge tax break in the US by making themselves a Canadian company. I don't think it's a good sign for BK if this is the main reason for the merger.

Yup, tax inversion, this is a growing trend in the US lately with a lot of major corporations with non-US operations/revenues, moving their headquarters overseas/offshore, resulting in lower tax revenues for the US on a State and Federal level, it's also costing jobs with major head offices moving offshore. Shifting their head offices offshore removes the companies offshore revenues/profits from the US tax rate when those profits/revenues become repatriated by the US headquartered company. IMO the US has to really lower its corporate tax rates and make it more friendly to do business in the US, as generating jobs I think would be of a greater benefit than the % of tax revenues lost.


Business commentator Michael Hlinka said on CBC Toronto's Metro Morning on Monday that Burger King may be making a "tax inversion" play with this move.

The basic U.S. corporate tax rate is about 35 per cent, while Canada's, depending on the province, is around 26 per cent.

"There's that extra nine per cent of value that they're right now giving away," said Hlinka.

By merging with a Canadian company and setting up a head office in Canada, U.S. companies can achieve significant tax savings, Hlinka said.

Tim Hortons, Burger King: What's behind the potential merger - Business - CBC News (http://www.cbc.ca/news/business/tim-hortons-burger-king-what-s-behind-the-potential-merger-1.2745754)

[GS8]

I fucking hate Tim Horton's.

I go there very rarely and it's usually just for a quick breakfast. Well it should be quick.

Their new slogan should be

'Always language barrier. Always fucked up order'

[Hondaracer]

Lol you guys got some problems with Tim's

Rarely ever have problems and the one I frequent the most the ladies couldn't be nicer

Also I love the people who hate on Tim's or say that it isn't even coffee yet love Starbucks. Unless your getting fresh beans and grinding them on a daily basis you're drinking shit coffee either way and it comes down to a preferance. Personally I find all of Starbucks roasts disgusting.

[Presto]

Having a Timmy's breakfast sandwich, right now. It is awesome. I wish they still had the Jalapeno version.

[StylinRed]

I remember when Tim's would actually freshly bake their doughnuts on-site.

you mean they don't anymore?! (havent been inside one in years...decades even)

[SoNaRWaVe]

only thing i like about tim hortons is their crispy chicken, apple fritters, and their double doubles. i rarely order anything else there but every time, the service seems to be fairly good.

coffee is a huge industry and it all comes down to winning people's loyalty. i personally prefer a shop that can be consistent with their coffee. but that has yet to happen. its always different wherever you go no matter what chain you visit.

[Tapioca]

Lol you guys got some problems with Tim's

Rarely ever have problems and the one I frequent the most the ladies couldn't be nicer

Also I love the people who hate on Tim's or say that it isn't even coffee yet love Starbucks. Unless your getting fresh beans and grinding them on a daily basis you're drinking shit coffee either way and it comes down to a preferance. Personally I find all of Starbucks roasts disgusting.

Once you make your own coffee, it's hard to go back. I grind the beans every morning and brew them in my French press. I have an insulated mug and I have the best coffee in my office at a fraction of the cost of the swill at Tim Hortons.

Hell, the vaccum packed Lavazza that I use to make Americanos with my manual espresso machine tastes better than 90% coffee sold at coffee shops.

Starbucks blond is palatable without sugar and dairy. Tim Hortons black tastes like shit, but with sugar and cream, it's a sugary drink, like pop.

[multicartual]

It is all about the Milano coffee bar in Gastown!!!

[Timpo]

I fucking hate Tim Horton's.

I go there very rarely and it's usually just for a quick breakfast. Well it should be quick.

Their new slogan should be

'Always language barrier. Always fucked up order'

are they that desperate to the point they would hire anybody?

[Gary Oak]

Fuck I had a whopper at the Granville street location and I couldn't finish it. I gave it to a drunk who had his head down on a table.

So you ate some of the burger and then gave it to a drunk ... WTF :heckno:

[pastarocket]

If I understand correctly about this pending merger, both companies would operate as separate entities.

-was looking forward to buying a Whopper and box of Timbits from the same franchise location. :whistle:

[Gucci Mane]

Having a Timmy's breakfast sandwich, right now. It is awesome. I wish they still had the Jalapeno version.

agreed. that thing was fucking delicious!

burger king really is shitty. wendys is good, along with a&w and mcdonalds. the absolute best is in n out. so. damn. good.

[GS8]

are they that desperate to the point they would hire anybody?

Yes they would at least at the locations I have been in. I don't think any of them are TFWs. Tim Horton's always has 'for hire' signs dressing their countertops.

[Ludepower]

I dont even know how BK still exist in Canada.
Besides whopper Wednesday...I never see a BK full and busy.

Reminds me of the Bay. Big department store but how the heck they turn a profit with high upkeep.

[hud 91gt]

They both suck

[godwin]

Wendy's and Tim Horton split a while back. Wendy spun Tim's off because they could make a killing on the TSX (which they did).

I think there are a few things going for the deal BK needs customers in Canada and they have the global clout in supply chain. In fact, just serving Tim's coffee exclusively would be quite a coup for Tim's. Another interesting for BK is they have the youngest management team in the industry. As for customer traffic, it is the franchisee that takes the hit on that, honestly I think most of the franchisee (probably less than 4 in town) are sticking around because they are waiting for their lots to be redeveloped.

Also don't forget the person behind the deal is Bill Ackman... he probably knows the in and out more than everyone on this board put together.

BK and Tim's they had been on the market a few times. Remember BK used to be part of the Pepsi group?

I really wonder what would happen with the deal with Wendy's then

[ilovebacon]

the only thing i like about timmys are their grill cheese deluxe

[geeknerd]

12.5billion

Burger King Worldwide Inc announces deal to buy Tim Hortons | Financial Post (http://business.financialpost.com/2014/08/26/burger-king-tim-hortons-deal/)

[multicartual]

12.5 billion... someone, somewhere is enjoying hookers and blow right now

[parm104]

12.5 billion... someone, somewhere is enjoying hookers and blow right now

Believe it or not, not everyone enjoys your recreational lifestyle.

[bcrdukes]

Fucking hipsters in this thread thinking they know their coffee. :fuckthatshit:

[tiger_handheld]

What will come of the Timmy and Triple O partnership at gas stations and such?

[murd0c]

What will come of the Timmy and Triple O partnership at gas stations and such?

When did Timmy's and Triple O's ever have a partnership?? For one bit thing Triple O's is Chevron and Timmy's is Esso..

[Timpo]

Menu - Food - Dairy Queen (http://www.dairyqueen.com/us-en/Menu/Food/)

oh shit! 1/2 lb :eek:
Their foods don't look bad at all.

http://www.dairyqueen.com/Global/FlexSlider/Food_Flamethrower-Family-1500x625_CAEN.jpg
http://media-cache-cd0.pinimg.com/736x/38/ab/7c/38ab7c76fdfb898231912de3ad1fa115.jpg
http://middletowndq.com/wp-content/uploads/2013/08/dq-baskets-quesadilla.png
http://www.dairyqueen.com/Global/April%20DQ.com/$5%20Buck%20Lunch/ProductPageImage5BuckChiliDog.png?width=&height=810

[SpeedStars]

BKs not bad. Had their breakfast ultimate omelette sandwhich and hoooo my lord...double omelettes, sausage patty, and plenty of bacon to keep me satisfied :sweetjesus: I wouldn't mind being able to purchase Timmy ho coffee at a BK either

[fliptuner]

WTF does this have to do with DQ and Triple-O? :fulloffuck:

[Lomac]

Mmm, Whopper Wednesday. I know what I'm having for lunch tomorrow! :fullofwin:

Also, I kinda like the new dark roast from Timmy's... :badpokerface:

[subordinate]

Mmm, Whopper Wednesday. I know what I'm having for lunch tomorrow! :fullofwin:

Also, I kinda like the new dark roast from Timmy's... :badpokerface:

I also agree Lomac, I was pleasantly surprised the dark roast tasted like coffee :p

[fliptuner]

Also, I kinda like the new dark

:ifyouknow: :hay:

[vafanculo]

Menu - Food - Dairy Queen (http://www.dairyqueen.com/us-en/Menu/Food/)

oh shit! 1/2 lb :eek:
Their foods don't look bad at all.

http://www.dairyqueen.com/Global/FlexSlider/Food_Flamethrower-Family-1500x625_CAEN.jpg
http://media-cache-cd0.pinimg.com/736x/38/ab/7c/38ab7c76fdfb898231912de3ad1fa115.jpg
http://middletowndq.com/wp-content/uploads/2013/08/dq-baskets-quesadilla.png
http://www.dairyqueen.com/Global/April%20DQ.com/$5%20Buck%20Lunch/ProductPageImage5BuckChiliDog.png?width=&height=810

DQ has the best beef burgers in the fast food game

[Gerbs]

http://smartcanucks.ca/wp-content/uploads/2014/05/5-dollar-meal-deal-500x323.png

this is pretty goood.

[twitchyzero]

if it's palatable, affordable and happens to keep me awake, then fine by me.

too many goddamn hipsters on here

let me clarify: it's fast food for crying out loud. Unless you're gonna make it yourself, quit complaining. If part of the experience for you is to hit on a cute barista who's gonna spell your name wrong, then you can happily vote with your wallet for the green team.

[Timpo]

if it's palatable, affordable and happens to keep me awake, then fine by me.

too many goddamn hipsters on here

let me clarify: it's fast food for crying out loud. Unless you're gonna make it yourself, quit complaining. If part of the experience for you is to hit on a cute barista who's gonna spell your name wrong, then you can happily vote with your wallet for the green team.

I don't think so :suspicious:

It doesn't matter if it's a fast food, consumers will always want more and fast food companies better meet that demand.

McDonald's for example are at least trying to target health conscious customers, they're adding salads, they stopped using lards, they're trying to advertise on YouTube how unprocessed their fries and chicken are, how fresh their vegetables are, etc.

[godwin]

That thing is so small in reality, basically instead of the size of a whopper, they halved the size and stacked it.. I rather have a whopper.. even though they cost more even on Wednesdays.

http://smartcanucks.ca/wp-content/uploads/2014/05/5-dollar-meal-deal-500x323.png

this is pretty goood.

[FerrariEnzo]

BK was awesome before they changed their King Deals menu...

[Timpo]

KFC® Canada - Full Menu (http://www.kfc.ca/menu/Menu.aspx?menu=Full)

http://www.burgerbusiness.com/wp-content/uploads/KFC_BurgerBox1.jpg
http://www.betheboss.ca/media/kfc%20burger_781.gif
http://4.bp.blogspot.com/-J3XmAVTKsIY/TshBscT4q8I/AAAAAAAAFSU/fRuAiWvbYZM/s1600/15-doublezinger-101111.jpg

[fliptuner]

That thing is so small in reality, basically instead of the size of a whopper, they halved the size and stacked it.. I rather have a whopper.. even though they cost more even on Wednesdays.

That's the same as a BigMac, where they use 2 regular patties and 3 pieces of bread.

[Timpo]

That's the same as a BigMac, where they use 2 regular patties and 3 pieces of bread.

No they're not the same..
http://a.abcnews.com/images/Business/ht_big_king_big_mac_wy_131106_16x9_992.jpg

[Gucci Mane]

dq burgers are wack. their fucking buns taste funny..

[FerrariEnzo]

Such an iconic Canadian legacy... damn...