Wendy's, Arby's file update on merger

WASHINGTON In separate but nearly identical letters sent to both the Wendy’s and Arby’s systems, chain officials said the two parties were making “good progress” on the operational details surrounding the pending buyout of Wendy’s by Arby’s parent Triarc Cos. Inc. The letters also were filed with federal regulators here.

Kerrii Anderson, outgoing chief executive and president at Wendy’s, and Sharron Barton, chief administrative officer at Arby’s and integration

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