Burger King in talks to buy Canadian icon Tim Hortons

I love Tim Hortons. When I think of Canada, Timmies is one of the first things that come to mind. I drink my coffee from a Tim Hortons cup every morning. Burger King? What?

Turns out, it’s a tax thing. By merging with Tim Hortons, Burger King becomes, in effect, a Canadian citizen:

The proposed deal would be structured as a so-called tax inversion transaction to move Burger King’s domicile out of the United States, and could come as soon as in the next few days, according to sources familiar with the discussions.

Feh.