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:
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:
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:
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:
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:
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