Wendy’s separation from Arby’s official

Wendy’s separation from Arby’s official

Wendy’s/Arby’s Group completed the $430 million sale of a majority interest in Arby’s Restaurant Group to Roark Capital Group Monday, and changed its name to The Wendy’s Company.

Company executives say the sale will allow them to focus solely on the revitalization of the Wendy’s brand.

The Wendy’s Company, which will continue to trade on the New York Stock Exchange under the symbol WEN, retains an 18.5-percent stake in Arby’s

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