Burger King Worldwide Inc. (NYSE: BKW) will pay approximately $11 billion in cash and stock to acquire Canadian coffee and doughnut chain Tim Hortons Inc. (NYSE: THI). Shares of Burger King fell $1.22 to $31.18 while Tim Hortons stock leaped $6.32 to $81.04.
Burger King pays $11 billion for Tim Hortons
August 26, 2014 at 13:15 PM EDT
