Wendy’s, Arby’s post losses in first report as sister brands

ATLANTA Wendy’s/Arby’s Group Inc., the newly formed parent of the Wendy’s and Arby’s fast-food brands, said Thursday that both businesses swung to third-quarter losses because of slowed sales and charges stemming from Arby’s acquisition of Wendy’s.

The company did not report combined results because the $2.3 billion acquisition — where Arby’s parent Triarc Cos. Inc. acquired Wendy’s International Inc. in a stock swap— closed in the final days of the quarter.

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