Topic: How To Invest

Stock Pickers Digest Hotline – Friday, September 2, 2016

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC., $48.26, symbol QSR on New York, took its current form on December 12, 2014, after Burger King Worldwide acquired Tim Hortons. The company has 4,438 Tim Hortons locations and 15,008 Burger King outlets in 100 countries. It is now the world’s third-largest fast-food operator, after McDonald’s (No. 1) and Yum Brands (No. 2). The company continues to expand its Tim Hortons coffee-and-donut chain outside of North America. This week it announced plans to expand in Great Britain. Restaurant Brands will form a new 50/50 joint venture with an unnamed investor in the U.K. to open Tim Hortons stores in England, Scotland and Wales. The company has not yet announced how soon or how many stores it will open. Tim Hortons now has outlets in Canada, the U.S. and the Middle East. In July, it formed a 50/50 joint venture with a group of private investors in the Philippines. This firm plans to sell Tim Hortons franchises in the Southeast…