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Identifying obscure but potentially costly tax issues is a skill. Solving them in the context of our client’s goals is an art, and one that Paul, Weiss practices at the highest level. Working closely with the Corporate and Restructuring Departments, our tax lawyers help clients solve problems, avoid pitfalls and uncover hidden value in all types of transactions.

Burger King and Tim Hortons to Combine

Paul, Weiss client Burger King Worldwide Inc. announced a definitive merger agreement with Tim Hortons Inc., a Canadian multinational fast casual restaurant chain, under which the two companies will create a new quick service restaurant company with an international footprint and significant growth potential. The new global company will be based in Canada, the largest market of the combined company.

Following the closing of the transaction, subject to customary closing conditions, each brand will be managed independently.

The Paul, Weiss team, which acted as tax counsel to Burger King in the transaction, included, among others, tax partner Jeffrey Samuels and counsel Alyssa Wolpin.

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