Monday August 25, 2014 – 10am
Posted Aug 25, 2014 02:46:13 PM.
This article is more than 5 years old.
10:00- Mike Eppel, 680News and 570News Managing Business Editor
Burger King is in talks to buy Tim Hortons Inc. and form a new publicly listed company that would be based in Canada. They said in a statement Sunday night that Canada would be the largest market of the combined company. The statement said 3G Capital, the majority owner of Burger King, would continue to own the majority of the shares of the new company on a pro forma basis, with the remainder held by existing shareholders of Tim Hortons and Burger King. The companies said Oakville, Ont.-based Tim Hortons and Miami-based Burger King would operate as standalone brands. “Tim Hortons and Burger King each have strong franchisee networks and iconic brands that are loved by their respective consumers,” the companies said in a statement. The statement adds that the new corporation would be the world’s third-largest quick service restaurant company, with approximately $22 billion in system sales and over 18,000 restaurants in 100 countries worldwide. The companies said they will not comment further unless there is a deal.
10:30- News Panel – Glenn Pelletier and Lisa Drew, 570 News Morning Anchors
It’s the final week of summer vacation for students and now that the end of summer has arrived, how are they taking it? As a parent how are you taking it? How do you get the kids ready for back to school, bed times, lunches, etc? BTS shopping-how much do you spend? Any advice for parents sending their kids off to school for the first time?
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