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Has potential to become the worlds third largest fast food chain.
Stock market will be impacted as 3G Capital agrees to pay 65.50 to every Tim Hortons share, bringing the cash value for current Tim Hortons owners to more than $94 per share.
The new company would have combined global sales of $23 billion and have 18,000 locations in 98 countries.
The company would become the third largest fast-food chain in the world with more than 18,000 restaurants in 98 countries and $23 billion in system sales.
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