Report: Burger King and Tim Hortons in talks to merge

|By:, SA News Editor

Burger King Wordwide (NYSE:BKW) is in talks to buy Tim Hortons (NYSE:THI) in a deal that would create the 3rd largest quick-service restaurant company in the world, according to the WSJ.

Sources indicate the deal is being structured as a tax inversion transaction in which the new company would be headquartered in Canada.

Tim Hortons and Burger King are expected to remain distinct brands if the merger is finalized.