Burger King Worldwide Inc. confirmed Tuesday its deal to acquire Tim Hortons for $11.4 billion. The combined entity will create the world’s third-largest quick-service company, with roughly $23 billion in sales and 18,000 restaurants across 100 countries. Miami-based Burger King has commitments for $12.5 billion in financing to fund the cash portion of the deal, including a $9.5 billion debt-financing package led by J.P. Morgan and Wells Fargo. Investment firm Berkshire Hathaway ...

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