The Traderszone Network

Published in TZ Latest News 23 September, 2014 by The TZ Newswire Staff

New U.S. tax rules chill ‘inversion’ deal-making; shares dive

As investors sold stocks involved in inversions, in which U.S. Despite new rules that will make some inversions costlier and others more difficult to do, Burger King Worldwide Inc (BKW.N) said it will proceed with its $11.5 billion deal with Canada’s Tim Hortons Inc (THI.TO), stressing that the transaction was not about tax benefits.