Burger Kind, the second largest burger chain in the U.S., is about to swallow a big bite.
| After their revenue fell 6.1 percent to $261.2 million in the second quarter of 2014, the meat monster sensed the smell of profit in coffee. In the future they will not just kill millions for food, by merging with a Canadian coffee and donut chain they will also be able to save millions. Dollars that is. The purchase of Tim Horton's would not only give birth to the world's third largest fast-food chain, it would also be Burger King's passport to move headquarters to Canada and to escape Uncle Sam's taxes. Talks about the merger with 'modest political risk' according to Will Slabaugh, analyst at Stephens Inc. in Little Rock, Arkansas, caused both of the company's shares to soar on the New York Stock Exchange prior to the deal (18% for Burger King and 21% for Tim Horton's). |  |
In the past Burger King has been brewing Seattle's Best coffee (owned by Starbucks), the marriage of the two companies would also promise a sweet wedding gift for Burger King by getting access to the grocery business and selling packaged coffee at North America's supermarkets.
By the way, both of the burgers pictured are real. The one above has been and the one below IS sold at Japanese Burger King locations. Quite a contrary to Japan's traditional low fat food ... but that's another story.
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