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September 3, 2014 12:00 AM

Whopper of a wake-up call about US tax policy

Burger King, one of America’s most recognizable fast-food restaurants, has entered into discussions to buy out the Canada-based coffee-and-doughnut chain Tim Horton’s Inc., seeking an opportunity to merge and create a new company. The merger of Burger King, with a $9.6 billion market capitalization, and Tim Horton’s, valued at around $8.4 billion, would create a massive shift in the industry. Furthermore, should the talks prove successful, the new company’s headquarters would be located north of the border.

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