Burger King is in talks to purchase Canadian coffee and doughnut chain Tim Hortons Inc in a deal that would be structured as a tax inversion to move the hamburger chain's domicile out of the United States, according to one person familiar with the matter. The deal is not yet complete, and the person could not speak to the possible timing for an agreement to be reached. The person asked not to be identified.
Tim Hortons Inc., is a quick service restaurant in North America. Shares of THI traded higher by 2.76% or $1.69/share to $62.84. In the past year, the shares have traded as low as $50.67 and as high as $63.01. On average, 174706 shares of THI exchange hands on a given day and today's volume is recorded at 368025.
Tim Hortons Inc., is a quick service restaurant in North America. Shares of THI traded higher by 2.79% or $1.87/share to $68.78. In the past year, the shares have traded as low as $56.12 and as high as $68.95. On average, 412553 shares of THI.TO exchange hands on a given day and today's volume is recorded at 833202.
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