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Potential Strategic Alliance, Affiliation Deal, Exploration of REIT Conversion, Appointment - Research Reports on Tim Hortons, Burger King, CBS, Life Time and Hertz

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Analysts Review

Aug 28, 2014, 08:40 ET

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NEW YORK, August 28, 2014 /PRNewswire/ --

Today, Analysts Review released its research reports regarding Tim Hortons Inc. (NYSE: THI), Burger King Worldwide, Inc. (NYSE: BKW), CBS Corporation (NYSE: CBS), Life Time Fitness, Inc. (NYSE: LTM) and Hertz Global Holdings, Inc. (NYSE: HTZ). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6038-100free.

--
Tim Hortons Inc. Research Reports
On August 24, 2014, Tim Hortons Inc. (Tim Hortons) confirmed its discussion with Burger King Worldwide Inc. (Burger King) in relation to the potential creation of a global leader in the quick service restaurant business. According to the Company, the majority owner of Burger King; 3G Capital is expected to own the majority of shares of the new company on a pro forma basis while the remaining shares will be held by the present shareholders of Tim Hortons and Burger King. Furthermore, the Company and Burger King are expected to function as individual brands in the new entity, while gaining from global scale and reach, shared corporate services and best practices. The Company added that the new entity is anticipated to be the world's third-largest quick service restaurant company, with c.$22 billion in system sales and more than 18,000 restaurants in 100 countries. The full research reports on Tim Hortons are available to download free of charge at:

http://www.analystsreview.com/Aug-28-2014/THI/report.pdf

--
Burger King Worldwide, Inc. Research Reports
On August 25, 2014, Wall Street Journal reported that Warren Buffett, Chairman and CEO of Berkshire Hathaway Inc. (Berkshire) is helping finance Burger King Worldwide Inc's (Burger King) strategic takeover of Tim Hortons Inc. According to the report, Berkshire will invest in the form of preferred shares and is expected to finance 25% of the deal; marking its latest partnership with 3G Capital Management, the major shareholder of Burger King. The news was well received by the investors, and consequently, Burger King' shares closed up 19.5% higher at $32.40 on August 25, 2014. The full research reports on Burger King are available to download free of charge at:

http://www.analystsreview.com/Aug-28-2014/BKW/report.pdf

--
CBS Corporation Research Reports
On August 25, 2014, CBS Corporation (CBS) announced that it has signed a long term agreement with Gray Television (Gray), which renews all 26 of Gray's existing station affiliation agreements covering 22 markets countrywide. The agreement comprises of early renewals of 26 gray-owned CBS members such as: WVLT-TV in Knoxville, Tenn.; WKYT-TV and WYMT-TV in Lexington, Ky.; KWTX-TV and KBTX-TV in Waco, Texas; KKTV in Colorado Springs, Colo.; KOLN and KGIN in Lincoln, Neb.; WCTV in Tallahassee, Fla.; WRDW-TV in Augusta, Ga.; KVLY-TV in Fargo, N.D and others. Ray Hopkins, President, Television Networks Distribution, CBS said, "Gray has been a key partner for many years, so we are excited to sign this deal, which ensures marketplace continuity for both companies as well as the more than four million CBS households that together we serve nationwide." The full research reports on CBS are available to download free of charge at:

http://www.analystsreview.com/Aug-28-2014/CBS/report.pdf

--
Life Time Fitness, Inc. Research Reports
On August 25, 2014, Life Time Fitness, Inc. (Life Time) announced that its board of directors and senior management has started a process to explore a possible conversion of real estate assets into a Real Estate Investment Trust (REIT). According to Life Time, its board of directors is of the opinion that REIT conversion may perhaps provide significant benefits to the Company and its shareholders given its significant real estate holdings. In relation with Company's assessment of a REIT conversion, the Company's board has adopted a shareholder rights plan to prohibit ownership of more than 9.8% of its outstanding shares with the intention to safeguard its capacity to pursue a pro rata dividend in connection with a REIT conversion. The rights will terminate upon the earlier of August 21, 2015, or the first business day after the closing of the proposed REIT conversion. The full research reports on Life Time are available to download free of charge at:

http://www.analystsreview.com/Aug-28-2014/LTM/report.pdf

--
Hertz Global Holdings, Inc. Research Reports
On August 25, 2014, Hertz Global Holdings, Inc. (Hertz) announced that Louis R. Franzese has been appointed as Chief Human Resources Officer, effective September 8, 2014. Prior to this, Franzese has held various positions at Hertz and has recently served as Senior Vice President at Hertz's Human Resources function in the Americas. Mark P. Frissora, Hertz Chairman and CEO said, "Lou Franzese has extensive experience leading our HR efforts in the Americas, our largest market, including successfully managing the most sensitive employee and labor relations matters for Hertz. I am confident he will help lead us through this process to position Hertz for long term success as an employer of choice." The full research reports on Hertz are available to download free of charge at:

http://www.analystsreview.com/Aug-28-2014/HTZ/report.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://AnalystsReview.com

 

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