Burger King, Tim Hortons merge to form fast-food giant | Bangkok Post: news

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Burger King, Tim Hortons merge to form fast-food giant

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Burger King is buying Canada's Tim Hortons coffee-and-donuts chain in an $11.4 billion deal that raised concerns about another US company moving abroad for tax advantages. 

The new company will be headquartered in Canada, Burger King said in announcing the tax inversion deal that provides a lower tax rate for the US company

Burger King Worldwide denied that the deal announced Tuesday, which would create the world's third-largest fast-food company, was being undertaken for tax reasons.

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