NEW YORK Arby’s brand parent Triarc Cos. Inc. said Monday that the deal to sell its controlling interest in asset-management firm Deerfield & Co. LLC was terminated on Friday because the buyer was unable to garner “acceptable” financing during the credit market instability. Triarc said it would continue to explore options for Deerfield, which it had agreed in April to sell for about $300 million to diversified services firm Deerfield Triarc Capital Corp. The move was expected to help ...
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Contact: Desiree Torres Desiree.Torres@penton.com