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DUBLIN, Ohio — Canadian coffee and doughnut chain Tim Hortons Inc. reaffirmed its plans for its upcoming initial public offering, saying it will offer 29 million shares of common stock in a range of $18 to $20 a share.
 
Wendy's International Inc. will continue to own about 85 percent of Tim Hortons' common stock, or about 160 million shares, after the IPO, according to a March 13 regulatory filing. Wendy's stake could be reduced to about 83 percent if the IPO's underwriters fully exercise an overallotment.
 
 

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