Congratulations to Tim Horton’s equity investors

Tim Hortons shareholders (TSX: THI) have made a killing – the stock is up about 50% from its average level over the past year. It closed at $88/share, up from about the $60 level it has been at. I’ve written about the company last year about how they were leveraging (issuing cheap debt to buy … Continue reading Congratulations to Tim Horton’s equity investors