Unbeknownst to many Canadians, our country’s most sacred brand was under American control for nearly 15 years. In 1995, Tim Hortons was bought up by Wendy’s, the U.S. burger chain that reportedly dropped $400 million for the Canadian donut giant.
After the 2002 death of Dave Thomas, the founder of Wendy’s, Tim’s was spun off into its own American entity in 2006. Despite most of the company’s operations taking place in Canada, the famous double-double franchise remained headquartered in Delaware until 2009, when corporate ownership was shifted back north of the border.
* Video: How Tim Hortons tests its coffee
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- 3 days – I'm an unpacking MACHINE!
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July 24 (Bloomberg) -- KCG Holdings' A.B. Mendez, Knoll COO Lynn Utter and Bloomberg's Cory Johnson break down Amazon's second-quarter loss on "Street ... More July 24 (Bloomberg) -- KCG Holdings' A.B. Mendez, Knoll COO Lynn Utter and Bloomberg's Cory Johnson break down Amazon's second-quarter loss on "Street Smart." (Source: Bloomberg)
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