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====Merger with Wendy's==== [[File:MarkhamTimHortons3.jpg|thumb|right|A Tim Hortons/Wendy's joint restaurant in [[Markham, Ontario]]]] In 1992, the owner of all Tim Hortons and [[Wendy's]] restaurants in [[Prince Edward Island]], Daniel P. Murphy, decided to open new franchise outlets for both brands in the same building in the town of Montague. Murphy invited Joyce and Wendy's chairman [[Dave Thomas (American businessman)|Dave Thomas]] to the grand opening of the "combo store," where the two executives met for the first time. Murphy's success with combining coffee and donuts with Wendy's fast food led to the August 8, 1995 acquisition of and merger with TDL Group by [[The Wendy's Company|Wendy's International, Inc]]., an American company; this lasted until 2009.<ref>{{Cite video | url = http://archives.cbc.ca/IDC-1-73-2330-13539-10/on_this_day/politics_economy/twt |publisher=Canadian Broadcasting Corporation | title = US burger giant buys Tim Hortons doughnut chain | date=August 10, 1995}}</ref> The sale was widely commented on in the media. In 1995, the ''[[Toronto Star]]'' had a column reflecting on Tim Hortons "selling out" to Wendy's with "the spectacle of another great Canadian icon...gone to Yankee burgerfat".<ref>Susan Kastner [https://pqasb.pqarchiver.com/thestar/access/21226435.html?dids=21226435:21226435&FMT=ABS&FMTS=ABS:FT&type=current&date=Aug+13%2C+1995&author=By+Susan+Kastner+Toronto+Star&pub=Toronto+Star&desc=Simple+fairytale+takes+on+whole+new+meaning&pqatl=google Simple fairytale takes on whole new meaning] {{webarchive|url=https://web.archive.org/web/20121023191808/https://pqasb.pqarchiver.com/thestar/access/21226435.html?dids=21226435%3A21226435&FMT=ABS&FMTS=ABS%3AFT&type=current&date=Aug%2013%2C%201995&author=By%20Susan%20Kastner%20Toronto%20Star&pub=Toronto%20Star&desc=Simple%20fairytale%20takes%20on%20whole%20new%20meaning&pqatl=google |date=October 23, 2012 }} [Final Edition] August 13, 1995, page E.2 Section: PEOPLE Toronto Star</ref>
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