Chain’s possible value could reach between 5x and 8x EBITDA
Arby’s, the 3,700-unit chain that is under strategic review by parent company Wendy’s/Arby’s Group Inc., may fetch a price tag of more than $300 million, according to a few securities analysts who cover the company. Atlanta-based Wendy’s/Arby’s Group announced Thursday it was exploring options for Arby’s, including a possible sale, less than three years after a $2.3 billion merger with 6,600-unit Wendy’s created the merged company. Most observers ...
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