Tim Hortons Inc. will be wrung out for maximum profit under the ownership of Burger King Worldwide, Inc., a new report from a left-leaning think tank warned Thursday, suggesting Ottawa scuttle the deal or win firmer commitments from the incoming owners, 3G Capital. “3G Capital has a well-established post-takeover playbook of cost cutting and mass layoffs,” a paper from the Canadian Centre for Policy Alternatives said. “The deal is troubling for our country and for fans of Canada’s coffee chain.”
Posted on: Thu, 30 Oct 2014 17:30:02 +0000
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