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(Bloomberg)   Great news for Americans: Burger King is in talks to acquire full ownership of Tim Hortons. Bad news for Canadians: Burger King is in talks to acquire full ownership of Tim Hortons   (bloomberg.com) divider line 194
    More: Spiffy  
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3845 clicks; posted to Business » on 25 Aug 2014 at 5:22 AM (13 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



194 Comments   (+0 »)
   
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2014-08-24 10:31:21 PM  
I predict that this merger will follow several discrete and identifiable steps:
1. They will start to merge operations.
2. They will create crossover buzz by co-locating their stores.
3. They will discover that there isn't a lot of crossover or compatibility amongst their clientele.
4. They will struggle along for a few years as these misshapen Siamese twins.
5. Burger King management will, all of a sudden, have the brainstorm that Tim Hortons would produce more value for their shareholders if it were spun off.
 
jbc [TotalFark]
2014-08-24 11:04:32 PM  
Just what the world needs: a Double Whopper with a Maple Dip donut for a bun.
 
2014-08-24 11:13:01 PM  

JasonOfOrillia: I predict that this merger will follow several discrete and identifiable steps:
1. They will start to merge operations.
2. They will create crossover buzz by co-locating their stores.
3. They will discover that there isn't a lot of crossover or compatibility amongst their clientele.
4. They will struggle along for a few years as these misshapen Siamese twins.
5. Burger King management will, all of a sudden, have the brainstorm that Tim Hortons would produce more value for their shareholders if it were spun off.


Dual BK/Horton's stores could be interesting, but I imagine they'd just start serving Horton's donuts and coffee at BK's in the US instead.

That would make some sense - BK has the weakest breakfast offerings of the big fast food chains, and McDonalds has been killing them with their premium coffee push.  Serving Horton's donuts and coffee could help drive morning business to Burger Kings.
 
2014-08-24 11:17:10 PM  

TuteTibiImperes: JasonOfOrillia: I predict that this merger will follow several discrete and identifiable steps:
1. They will start to merge operations.
2. They will create crossover buzz by co-locating their stores.
3. They will discover that there isn't a lot of crossover or compatibility amongst their clientele.
4. They will struggle along for a few years as these misshapen Siamese twins.
5. Burger King management will, all of a sudden, have the brainstorm that Tim Hortons would produce more value for their shareholders if it were spun off.

Dual BK/Horton's stores could be interesting, but I imagine they'd just start serving Horton's donuts and coffee at BK's in the US instead.

That would make some sense - BK has the weakest breakfast offerings of the big fast food chains, and McDonalds has been killing them with their premium coffee push.  Serving Horton's donuts and coffee could help drive morning business to Burger Kings.


Except that Tim Hortons isn't good coffee.  People love it because it's Tim's and it's traditional Canadian.  I can tell you unequivocally, it is not going to win over US coffee drinkers, and the doughnuts are not going to beat established US brands, either.  Seriously - this is a bad, bad, idea, and I am going to be sad to see Tim's run into the ground.
 
2014-08-25 12:26:06 AM  
If corporations are people too my friend, I should be able to merge with a like-minded person in Canada and pay less than 5% on my income also. Fark it, I'll just stop paying taxes altoghther and become a vagrant, dumpster diving behind BK.
 
2014-08-25 02:15:49 AM  

TuteTibiImperes: Serving Horton's donuts and coffee could help drive morning business to Burger Kings.


It might actually get me back in a BK for the first time in about 3 years (or whenever they changed their $1 burger from 1/4 pound to the thin little junk patties).  I love me a double-double and was at Horton's twice a day when visiting Buffalo in March.

Meanwhile, McDonald's McCafe is pretty good, especially at $1 cheaper than Starbucks for a comparable caramel latte ("macchiato" in SB terms).
 
2014-08-25 05:27:35 AM  
Nothing can make Tim Horton's worse. Most hideous donuts I've ever tried.
 
2014-08-25 05:29:48 AM  
Does it really matter?  Everybody knows that Taco Bell will win the war.
 
2014-08-25 05:30:21 AM  
image.way2enjoy.com
 
2014-08-25 05:31:50 AM  
Because it worked so well when Wendy's owned Horton's?
 
2014-08-25 05:34:01 AM  
What are the tax rates in the US and Canada for corporations?

Yes, I am aware that this article states some, but I have seen two others that state that US is 35% and Canada is 15%
 
2014-08-25 05:37:16 AM  
Canadians, you've bragged about your "Timmies" for too long. We of America shall now take it and reform it with great fury.

The coffee shall now become twice as big, full of flavored, sugary syrup and have a stupid name like "Mega-Hortie."

The donuts will be generic cake like KrispyKreme.

We will the call it "The Tizzle."

Mwahahahahaha.
 
2014-08-25 05:40:03 AM  

Benevolent Misanthrope: TuteTibiImperes: JasonOfOrillia: I predict that this merger will follow several discrete and identifiable steps:
1. They will start to merge operations.
2. They will create crossover buzz by co-locating their stores.
3. They will discover that there isn't a lot of crossover or compatibility amongst their clientele.
4. They will struggle along for a few years as these misshapen Siamese twins.
5. Burger King management will, all of a sudden, have the brainstorm that Tim Hortons would produce more value for their shareholders if it were spun off.

Dual BK/Horton's stores could be interesting, but I imagine they'd just start serving Horton's donuts and coffee at BK's in the US instead.

That would make some sense - BK has the weakest breakfast offerings of the big fast food chains, and McDonalds has been killing them with their premium coffee push.  Serving Horton's donuts and coffee could help drive morning business to Burger Kings.

Except that Tim Hortons isn't good coffee.  People love it because it's Tim's and it's traditional Canadian.  I can tell you unequivocally, it is not going to win over US coffee drinkers, and the doughnuts are not going to beat established US brands, either.  Seriously - this is a bad, bad, idea, and I am going to be sad to see Tim's run into the ground.


So much this
 
2014-08-25 05:41:47 AM  

lucksi: What are the tax rates in the US and Canada for corporations?

Yes, I am aware that this article states some, but I have seen two others that state that US is 35% and Canada is 15%


16% for corp. in Canada
 
2014-08-25 05:44:19 AM  
It is really hard to tell who the heck owns this company.
I still think Mrs Horton was ripped off - if Tim hadn't died, that would all have happened a little different.
When Wendy's bought Tim Hortons in 1995 (I thought they still owned them, but Hortons was spun off the following year, then publicly traded), doom was predicted then.
What I don't like about the chain is - the stores they opened in this town were all either right next to, or directly across the street from locally owned donut shops. Seemed very predatory.
The one local shop that is left making a go of it gets my business when I am in the mood for donuts.
 
2014-08-25 05:44:32 AM  

JasonOfOrillia: I predict that this merger will follow several discrete and identifiable steps:
1. They will start to merge operations.
2. They will create crossover buzz by co-locating their stores.
3. They will discover that there isn't a lot of crossover or compatibility amongst their clientele.
4. They will struggle along for a few years as these misshapen Siamese twins.
5. Burger King management will, all of a sudden, have the brainstorm that Tim Hortons would produce more value for their shareholders if it were spun off.


Or BK will just harvest the brand.
 
2014-08-25 05:52:30 AM  
Yeah they're buying Tim Hortons and one reason is so they can move headquarters over to Canada and a lower corporate tax rate. So BK will be technically Canadian.
 
2014-08-25 05:56:56 AM  

TuteTibiImperes: That would make some sense - BK has the weakest breakfast offerings of the big fast food chains, and McDonalds has been killing them with their premium coffee push. Serving Horton's donuts and coffee could help drive morning business to Burger Kings.


I really don't understand why so hard for any chain to improve its breakfast offering. Breakfast menus should be the easiest thing to figure out, not the hardest.
 
2014-08-25 05:57:27 AM  

flucto: Nothing can make Tim Horton's worse. Most hideous donuts I've ever tried.


img.fark.net
Blasphemer!
 
2014-08-25 05:57:46 AM  

FullMetalPanda: Does it really matter?  Everybody knows that Taco Bell will win the war.


And Obammy will be on vacation when it happens.
 
2014-08-25 06:00:15 AM  

Benevolent Misanthrope: Except that Tim Hortons isn't good coffee. People love it because it's Tim's and it's traditional Canadian.


Some would disagree. I am one of them. I like their coffee because it tastes like coffee, not burnt beans. Too many places use Espresso to make all of their offerings.
 
2014-08-25 06:00:56 AM  
How did this work out for Walgreens?
 
2014-08-25 06:01:09 AM  

T-Servo: Blasphemer!


I was driving through Salmon Arm a couple of weeks ago and grabbed a few donuts and some coffee. Honestly never had worse ones.
 
2014-08-25 06:01:37 AM  
New CEO will probably be some Indian jackwad who will promptly fire 50% of the existing Tim Horton's staff claiming them to be redundant.  He will then pay himself a massive performance bonus and the stock holders will laud him.
 
2014-08-25 06:08:06 AM  

drxym: Yeah they're buying Tim Hortons and one reason is so they can move headquarters over to Canada and a lower corporate tax rate. So BK will be technically Canadian.

Just as long as they don't start using the disgustingly sweet Canadian ketchup on their Whopper, I think i'll be okay with this.

 
2014-08-25 06:09:51 AM  
This is an elaborate revenge plot for Justin Bieber and Celine Dion, isn't it?

We're sorry. All right?!
 
2014-08-25 06:12:55 AM  

drxym: Yeah they're buying Tim Hortons and one reason is so they can move headquarters over to Canada and a lower corporate tax rate. So BK will be technically Canadian.


And at that point they will never get my business again. Sorry but using a term like "tax inversion" in order to cover what it really is, tax dodging, is akin to naming government surveillance as "PATRIOT ACT". It sounds all warm and fuzzy and official but it's tax dodging, plain and simple.

These tax-dodging corporations operate in a nation kept free (and capitalist) by the blood and money of US citizens. They use public resources that operate with tax dollars to run their business (utilities, roads etc). They should STFU and pay their fair share.
 
2014-08-25 06:13:35 AM  

TDBoedy: New CEO will probably be some Indian jackwad who will promptly fire 50% of the existing Tim Horton's staff claiming them to be redundant.  He will then pay himself a massive performance bonus and the stock holders will laud him.


Except that 95.462% of all tim hortons staff are indian.
 
2014-08-25 06:14:08 AM  
www.labproductions.com
 
2014-08-25 06:20:40 AM  
I think that McDonald's makes better coffee at this point, also their staff rarely funk up a coffee order as much as Timmy's does on a regular basis.
 
2014-08-25 06:23:53 AM  

flucto: T-Servo: Blasphemer!

I was driving through Salmon Arm a couple of weeks ago and grabbed a few donuts and some coffee. Honestly never had worse ones.


I admit that quality has suffered from their pre-packaged mixes, and from your profile I assume you actually know how to bake.

But as someone who used to have to drive through northern Ontario, I was really thankful for Tim's. I had all the locations between Sault St Marie and Ottawa more or less memorized, and driving back highways in the US there is nothing equivalent.
 
2014-08-25 06:23:56 AM  
Whomever has said that Timmie's isn't good coffee, shut your whore mouth.
 
2014-08-25 06:26:44 AM  
Tim Hortons tried to establish themselves in New York and New England a few years ago, without success.
 
2014-08-25 06:28:53 AM  

Benevolent Misanthrope: Except that Tim Hortons isn't good coffee. People love it because it's Tim's and it's traditional Canadian. I can tell you unequivocally, it is not going to win over US coffee drinkers, and the doughnuts are not going to beat established US brands, either. Seriously - this is a bad, bad, idea, and I am going to be sad to see Tim's run into the ground


Tastes vary I suppose.  Since I discovered TH breakfast 5 years ago, I don't go anywhere else.  BK can only screw it up though.
 
2014-08-25 06:29:22 AM  
Horton hears a Whopper.
 
2014-08-25 06:29:51 AM  
please open some more locations in the US...i'm getting tired of haggling my ex to bring back timmys.

/too lazy to get my passport just for coffee..
//could get it on amazon, still too lazy
 
2014-08-25 06:29:55 AM  
Why is this spiffy for Americans? One of the reasons they're doing this is to evade taxes.
 
2014-08-25 06:34:29 AM  
With life, liberty and poutine for all!
 
2014-08-25 06:34:46 AM  
Mess with TH's coffee and I will get all burny and pyro-y
 
2014-08-25 06:36:02 AM  

wooden_badger: evade


avoid.
 
2014-08-25 06:37:51 AM  
"You're buying me out? I'll buy you out. (Burger King) doesn't have the muscle to buy me out, that's why you're moving to Canada."
 
2014-08-25 06:39:24 AM  

DubyaHater: Mess with TH's coffee and I will get all burny and pyro-y


I'll help you.
 
2014-08-25 06:43:13 AM  
Tim who?
 
2014-08-25 06:43:33 AM  
So, Burger King, eh?

Ultra generic American fast food (there are more flavors in the world than salt, BK) buys ultra generic Canadian donut place (never had any, but haven't heard much good about them) in an attempt to dodge paying more in taxes.
 
2014-08-25 06:46:00 AM  
Spent two weeks travelling up north last summer. Tim Hortons was nothing special. And the maple donut was nasty.
 
2014-08-25 06:50:58 AM  
I've noticed Americans with strong opinions against Tim Horton's, yet who give Harper and tar sands a pass.

/I assume Bieber hate is universal
 
2014-08-25 06:51:13 AM  

techmom: This is an elaborate revenge plot for Justin Bieber and Celine Dion, isn't it?

We're sorry. All right?!


Not a chance in hell. You gave them passports, so y'all are on the hook forever. No amount of apologies will help.

Poutine might help, though. Won't solve anything, but might make us less inclined to send a Kardashian or three up north...
 
2014-08-25 06:53:24 AM  
I dont see how this is a win for americans. I (an american) like Timmys, and frequent them when I can. And it isnt like that industry cant use the compitition.
 
2014-08-25 07:00:48 AM  

Shirley Ujest: Whomever has said that Timmie's isn't good coffee, shut your whore mouth.


If you have to drown it in sugar and cream to make it palatable, then, no, Tim Horton's is not good coffee.  It is bad coffee.  Same goes for the sockjuice they serve at Rotten Ronnie's.
 
2014-08-25 07:02:15 AM  
So bad coffee with dry donuts? Yay
 
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