Wendy’s closes in on Arby’s sale

Executives of the Wendy’s/Arby’s Group Inc. said on Tuesday they have narrowed the sale of Arby’s to several bidders and the company wants to bring the process to a close as rapidly as possible.

Divesting Arby’s would allow the Atlanta-based company to focus its resources on positioning Wendy’s for a projected growth of 10 percent to 15 percent in 2012, Roland Smith, Wendy’s/Arby’s Group president and chief executive, told analysts in a confere

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