Why the Tim Hortons Takeover is a Bad Deal for Canadians
Burger King’s proposed takeover of Tim Hortons is likely to have overwhelmingly negative consequences for Canadians. This study analyzes Burger King’s private equity owner, 3G Capital’s, past takeovers of Burger King, Heinz, and Anheuser-Busch and finds it has a 30-year history of aggressive cost cutting, which could hurt Tim Hortons employees, small-businesspeople, Canadian taxpayers, and consumers.