Some Common Cents for August 29th 2014

Unless you have purposely avoided the business news this week, you have undoubtedly heard about Burger King buying Tim Horton’s, the Canadian doughnut and coffee chain. After the acquisition, the combined firm will move the holding company headquarters to Canada, while keeping the Burger King headquarters in Miami. Such a move is called a “corporate inversion.” While the company has officially said this isn’t for tax purposes, no one seriously believes otherwise.

After all, as George Will aptly pointed out in his syndicated column of August 15, 2014: …Read On…

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.