Burger King-Tim Hortons deal approved with conditions
By Lauren Seegers • December 8, 2014
The Government of Canada gave its approval of Burger King Worldwide’s application to acquire control of the Tim Hortons brand. However, the approval is contingent on Burger King’s agreement to a list of commitments, reflecting the government’s concern about an iconic Canadian brand–and Canadian jobs–possibly being lost to an American suitor, as well as the alleged tax inversion.