Caravan Magazine

A journal of politics and culture

Burger King

Buffett Defends Burger King-Tim Hortons Deal Amid Tax Inversion Criticism

Warren Buffett, the billionaire CEO of Berkshire Hathaway, once again stood by the controversial $11 billion acquisition of Canadian chain Tim Hortons by Burger King, despite widespread criticism labeling the deal a corporate inversion aimed at circumventing U.S. taxes. Buffett,…