Tim Hortons shareholders vote in favour of Burger King bid

Burger King announced in August it will acquire Tim Hortons and re-locate to Ontario. CANADIAN PRESS/Sean Kilpatrick

Tim Hortons Inc. shareholders voted in favour of the takeover by Burger King Worldwide Inc. on Tuesday.

The federal government signed off on the deal, worth more than $12 billion last week following a review under the Investment Canada Act.

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The two fast-food chains, which together will form the third-largest network of quick service restaurants in the world, expect the deal to close by the end of the week.

MORE: Burger King, Tim Hortons race toward mega-merger’s finish line

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