Wendy's names advisors, affirms confidence in exec team

DUBLIN Ohio Wendy's International Inc. said Tuesday it had hired two investment banking advisors, JP Morgan and Lehman Brothers Inc., to aid the company during its strategic review, which could include a sale of the No. 3 burger chain.

The company also revealed the members of the review committee it formed late last month, and stated that the board had confidence in Wendy's current management team, which had been allegedly criticized in a recent letter to Wend

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