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Mergers & Acquisitions

Aug. 28, 2014

Munger Tolles helps on Burger King's Tim Hortons purchase

Berkshire Hathaway contributed $3 billion in preferred equity financing to help Burger King Worldwide acquire Tim Hortons with legal counsel from Munger, Tolles & Olson LLP.


By Dominic Fracassa


Daily Journal Staff Writer


Berkshire Hathaway Inc. contributed $3 billion in preferred equity financing to help Burger King Worldwide Inc. acquire Tim Hortons Inc. with legal counsel from Munger, Tolles & Olson LLP.


Burger King announced its intent to buy the Canadian coffee-and-doughnut franchise on Tuesday for about $11.4 billion. Rumors about a possible tieup between the two eateries began to swirl on Monday.

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