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Wendy’s-Triarc deal slated for shareholder votes

ATLANTA Triarc Cos. Inc.’s offer to acquire Wendy’s International Inc. through a $2.34 billion stock swap will be submitted to the companies’ respective shareholders for approval at separate but simultaneous meetings on Sept. 15, the parties jointly announced Friday.

The announcement stressed that the deal would improve the margins of Wendy’s namesake burger chain and units of Triarc’s Arby’s sandwich brand, which is owned by the holding company’s Arby’s

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