Restaurant Brands International Inc. (QSR) Social Stream
Featured Post From StockTwits About QSR
$LKNCY About Tim Hrtons China. Nay go public with 150+ stores and a valuation of 1.8B$Swissinvestch, published August 13, 2021
You know how I hate SPAC schemes … because it mostly always screw retail investors.
Anyway, maybe the mother company needs cash ($QSR) with its 15 billions debt.
“Tim Hortons China is expected to become publicly traded through a deal with a special purpose acquisition company (SPAC), skirting the tedious IPO procedure”
“Tim Hortons operates 150 stores in 10 cities in China and plans to expand to 1,500 in competition with Luckin Coffee (OTC: LKNCY) and Starbucks (Nasdaq: SBUX), the former counting over 6,500 locations and the latter operating 4,700 stores across the nation as of 2020.”
note: Luckin is closer to 6000 locations now.
“Bloomberg said in a Thursday report, citing unnamed sources, that the agreement between Tim Hortons and Silver Crest could be reached this week. The deal would value the company at $1.8 billion.”
What Else are QSR Traders Talking About?
Other tickers frequently mentioned alongside QSR is LKNCY.