Deals
3G Will Make Fat Disappear at Doughnut Chain Tim Hortons
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Now that 3G Capital’s Burger King Worldwide Inc. has struck a deal to buy doughnut chain Tim Hortons Inc., the Canadian company can expect to get lean. Really lean.
Brazilian private-equity firm 3G insists that executives at its businesses follow the investment group’s parsimonious practices. If its management of Burger King and HJ Heinz Co. is a guide, Tim Hortons will see jobs cut, offices made more Spartan and posh corporate travel disappear.