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Monday, August 25, 2014

Takeover Digest- New York Times business news - Aug 25, (NASDAQ: AMZN), (NYSE: BKW), (NASDAQ: GOOG), (NYSE: THI), (TSE: THI.TO)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Companies like Box Inc (IPO-BOX.N), Dropbox and Hightail pioneered a new kind of internet service that allows people and companies to store all kinds of electronic files in an easy-to-use online locker. But as often happens, the much bigger companies like Amazon.com Inc and Google Inc liked the idea so much they decided to do the same thing, at a much lower price. To tackle the price issue, Box is trying to cater to special data storage needs, Hightail is trying to do something similar for customers like law firms, and Dropbox is trying to make sure that its consumer-minded service stays easier to use than what the big guys provide. (nyti.ms/1tJr3g8)* Burger King Worldwide Inc may be home of the Whopper. But the fast-food chain may soon start calling Canada its new corporate residence. The restaurant operator said on Sunday that it is in talks to purchase Tim Hortons Inc, the Canadian donut-and-coffee chain, in a potential deal that would create one of the world's biggest fast-food chains. (nyti.ms/1qEV2D7)

Amazon.com, Inc. (Amazon.com) serves consumers through its retail websites and focus on selection, price, and convenience. Shares of AMZN fell by 0.4% or $-1.32/share to $331.59. In the past year, the shares have traded as low as $279.33 and as high as $408.06. On average, 3789660 shares of AMZN exchange hands on a given day and today's volume is recorded at 2212965.

Burger King Worldwide, Inc. is a fast food hamburger restaurant, under the Burger King brand. Shares of BKW traded higher by 1.01% or $0.27/share to $27.11. In the past year, the shares have traded as low as $18.86 and as high as $28.00. On average, 396555 shares of BKW exchange hands on a given day and today's volume is recorded at 471537.

Google Inc. (Google), is a global technology company. Shares of GOOG fell by 0.14% or $-0.81/share to $582.56. In the past year, the shares have traded as low as $502.80 and as high as $604.83. On average, 1589460 shares of GOOG exchange hands on a given day and today's volume is recorded at 789484.

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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