- In a surprise twist which lands Warren Buffett in the middle of the Burger King (NYSE:BKW)-Tim Hortons (NYSE:THI) deal, Berkshire Hathaway (BRK.A, BRK.B) is now expected to provide about 25% of the financing for the merger, WSJ reports.
- The exact structure of Buffett's participation remains unclear, but sources say he will invest in the form of preferred shares.
- Due to deal being structured as a tax-inversion, the new move also shoves the billionaire into a heated debate over U.S. taxes.
- THI +1.7% AH
Buffett to finance Burger King's acquisition of Tim Hortons
From other sites
at CNBC.com (Mar 23, 2015)
at CNBC.com (Mar 20, 2015)
at CNBC.com (Jan 12, 2015)
at CNBC.com (Jan 5, 2015)
at CNBC.com (Dec 11, 2014)
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