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Burger King to buy Canada's Tim Hortons for $11.5 billion

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TORONTO - Burger King Worldwide Inc announced plans to buy Canadian coffee and doughnut chain Tim Hortons Inc for $11.53 billion in a cash-and-stock deal that would create the world's third-largest fast-food restaurant group.
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With roughly $23 billion in combined annual sales, more than 18,000 restaurants in 100 countries and two strong, independent brands, the new entity would have an extensiv

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