25.08.2014 - Burger King can expand its business
Burger King is considering buying Tim Hortons. In case of success of the negotiations for the purchase of the Canadian fast food chain, can be created the world's third-size fast-food chain. The contract may be signed in the near future. The market value of Burger King is 9.6 billion dollars, and the capitalization of Tim Hortons - 8,4 billion dollars.
It should be noted that competition on the market of fast food is very high and consolidation of the assets is one of the steps that can improve the company's financial performance. We recommend buying shares of Burger King with growth potential by 10-13% by the end of the year.