Posts Tagged ‘acquisitions’

Burger King & Tim Hortons

December 12, 2014

Burger King & Tim Hortons

Everyone likes burgers. Everyone likes fresh coffee. But not everyone likes the impending merger of the USA’s Burger King and Canada’s Tim Hortons.

Canadians are demanding that the new corporation’s HQ locate in Oakville, Ontario, job security for all Tim Hortons franchise employees in the Great White North, that Tim Hortons remain a distinct brand, with a board that’s at least 50% Canadian, and more. Politely demanding, of course.

Here in the States, critics claim that Burger King will avoid $117 million in U.S. taxes through the merger. Of course, no one will care if the BK creepy King branding the burgers is replaced by Dudley Do-Right as long as those Whoppers keep coming.

So does Burger King’s acquisition of Tim Hortons mean that the US triumphed over Canada? Nope. Burger King is owned by a Brazilian private equity firm.

More:

“We finally have an idea of how much money Burger King will save by moving to Canada,” Roberto A. Ferdman, Washington Post

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Fiat Buys Chrysler

January 5, 2014

Fiat Buys Chrysler

Fiat will buy the 41 percent of Chrysler stock it doesn’t already own from the UAW Trust for $4.35 Billion. Fiat’s Sergio Marchionne has been Chrysler’s CEO too since his Italian company bought into Detroit during the 2009 recession. This means the ‘Fix It Again Tony‘ car company now owns the one that built the Dodge Charger.

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Washington Post — Now With Special Offers!

August 6, 2013

Washington Post -- Now With Special Offers!

Amazon founder Jeff Bezos is buying the Washington Post. Responses to the surprise deal are noted by Jim Romenesko (here and here) and Ed Kilgore; journo tweets Storified by Mallary Tenore.  Reactions by Hamilton NolanLydia DePillis, Neil Irwin, Andy Borowitz, Ezra KleinPost publisher Donald Graham and Jeff Bezos. Paul Farhi wrote the story for WaPo.

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