Popular News From Popular Sites: Canada competition regulator clears Burger King, Tim Hortons deal

Tuesday, October 28, 2014

Canada competition regulator clears Burger King, Tim Hortons deal

Picture illustration shows a Burger King burger at the fast food restaurant chain's branch in Hanau TORONTO (Reuters) - Canada's Competition Bureau said on Tuesday it has approved Burger King Worldwide Inc's acquisition of Canadian coffee chain Tim Hortons Inc . The competition watchdog said it issued a "no action letter" after concluding that the deal is unlikely to substantially lessen competition. It noted that the deal is subject to other regulatory approvals. (Reporting by Allison Martell; Editing by Jeffrey Benkoe)




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