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Tim Hortons in crosshairs of second U.S. hedge fund

The Globe & Mail – Pressure is likely to mount on Tim Hortons Inc. now that it’s in the crosshairs of a second American hedge fund.

Scout Capital Management says in a regulatory filing that it has boosted its Tim Hortons stake to 5.5 per cent, from 1.5 per cent earlier, and that it plans to raise certain issues with the Canadian coffee-and-doughnut chain.

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