Wendy’s/Arby’s Group is born

Wendy’s/Arby’s Group is born

ATLANTA Triarc Cos. Inc.’s long pursuit of Wendy’s International Inc. officially ended today with the consummation of a $2.34 billion stock swap and merger. The deal forms a new publicly traded company called Wendy’s/Arby’s Group Inc., operator or franchisor of 10,344 Arby’s and Wendy’s quick-service restaurants.

The merger, which had already been approved by both companies’ boards of directors and shareholders, gave Wendy’s stockholders 4.25 shares of Triarc

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.