The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:** Burger King Worldwide Inc plans to purchase Canadian coffee and doughnut chain Tim Hortons Inc , the companies said on Tuesday, in a cash and stock deal to create the world's third-largest fast food restaurant group, with sales of about $23 billion.
Burger King Worldwide, Inc. is a fast food hamburger restaurant, under the Burger King brand. Shares of BKW fell by 4.44% or $-1.44/share to $30.96. In the past year, the shares have traded as low as $18.86 and as high as $33.97. On average, 723147 shares of BKW exchange hands on a given day and today's volume is recorded at 20888892.
Tim Hortons Inc., is a quick service restaurant in North America. Shares of THI traded higher by 8.63% or $6.45/share to $81.17. In the past year, the shares have traded as low as $50.67 and as high as $77.80. On average, 360675 shares of THI exchange hands on a given day and today's volume is recorded at 14754674.
Tim Hortons Inc., is a quick service restaurant in North America. Shares of THI traded higher by 8.31% or $6.82/share to $88.85. In the past year, the shares have traded as low as $56.12 and as high as $85.40. On average, 499414 shares of THI.TO exchange hands on a given day and today's volume is recorded at 6434728.
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