August 26, 2014 7:08 PM

Warren Buffett helps Burger King buy Canada’s Tim Hortons, flipping the inversion calculus for President Obama

Buffett’s participation in the deal might provide some political cover for Republicans trying to stave off the Obama administration’s efforts to crack down on inversions. Buffett has been an ally of President Barack Obama on some other economic issues, including raising taxes on the rich.

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