200
What is your opinion on Burger King buying Tim Horton's company? How do you think this will affect the economy? Do you think that Burger King should start selling their merchandise in Tim Horton's franchises? Please provide an opening argument.
When Tim Hortons Chief Executive Marc Caira announced a sweeping plan in February to rejuvenate the iconic coffee chain, he talked about making the company bolder and “more daring.” Not long afterward, Burger King executives approached him with a different idea: a takeover.
The merger talks began late in the winter with a casual conversation between Mr. Caira and representatives of 3G Capital Group, a private equity fund based in Brazil that controls Burger King. 3G bought the U.S. fast food chain in 2010 for $4.1-billion (U.S.) and it had long coveted Tim Hortons, intrigued by its steady sales growth at restaurants across Canada. Not to mention the claim that an astounding 75 per cent of all coffee bought at fast-food restaurants in Canada comes from Tims.
just kidding everyone gets 200 points