Business

Burger King in talks to buy Tim Hortons

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.

Recent attempts by companies for tax inversion deals, which are made to escape U.S. taxes and save money on foreign earnings and cash held outside the United States, have drawn the attention of some politicians, including President Barack Obama, who criticized a “herd mentality” by companies seeking such deals.

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