NEW YORK Wendy’s International Inc. stockholder Nelson Peltz said Monday that his restaurant company, Arby’s parent Triarc Cos. Inc., is prepared to offer between $3.2 billion and $3.5 billion for the outstanding shares of Wendy’s stock, or $37 to $41 per share. Such an offer would amount to a 9.8-percent to 21.7-percent premium over Wendy’s closing price on Monday of $33.69. Peltz aired the ...
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Contact: Desiree Torres Desiree.Torres@penton.com