Burger King in talks to buy Tim Hortons in Canada tax deal

From the Wall Street Journal:

• Burger King is in talks to buy Canadian coffee-and-doughnut chain Tim Hortons, a deal that would be structured as a so-called tax inversion and move the hamburger seller’s base to Canada, according to people familiar with the matter
• By moving to a lower-tax jurisdiction, inversion deals enable companies to save money on foreign earnings and cash stowed abroad, and in some cases lower their overall corporate rate

More at (gated): Burger King in Talks to Buy Tim Hortons in Canada Tax Deal
Tie-Up Would Be Structured as Tax Inversion With a Combined Market Value of About $18 Billion

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In other news, Adam is getting his order in early … A Whopper with a coffee and doughnut!