"The current Tim Hortons headquarters in Oakville, Ontario, will continue to be the global home of the Tim Hortons business. Burger King's current headquarters in Miami, Florida, will continue to be the global home of the
Tim Hortons and Burger King together will have more than 18,000 outlets in 100 countries, according to a statement from the companies. The new fast-food chain will follow such global brands as McDonald's and KFC.
The two chains combined will have more than 18,000 stores (roughly 4,500 Tim Hortons and 13,800 Burger Kings), of which 44 percent are located in the U.S., 21 percent in Canada, and 35 percent in other countries. The answer instead lies in dollars.
Burger King Worldwide Inc agreed to buy Canadian coffee and doughnut chain Tim Hortons Inc in cash and stock to create the third-largest quick service restaurant group with sales of about US$23-billion.
Burger King Worldwide Inc agreed to buy Canadian coffee and doughnut chain Tim Hortons Inc in cash and stock to create the third-largest quick service restaurant group with sales of about US$23-billion.