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Burger King Closes In On Horton's

Burger King has gotten approval from a Canadian regulator this week for its planned acquisition of Tim Hortons Inc. Tim Hortons shareholders are expected to vote on the $11 billion deal at a special meeting Tuesday. The companies said it should be a done deal by Dec. 12. Burger King made commitments designed to assuage concerns about Tim Hortons’ brand identity and the company’s staffing levels in Canada, as well as the chain’s pace of international development.

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