DUBLIN Ohio Wendyâ€™s International Inc. has agreed to be acquired by Arbyâ€™s parent Triarc Cos. in a stock swap valued at $2.34 billion, ending a year of speculation about the burger giantâ€™s fate. Triarc, the most visible holding of activist investor and longtime Wendyâ€™s antagonist Nelson Peltz, has agreed to swap 4.25 shares of its class â€śAâ€ť common stock for each share of Wendyâ€™s. In announcing the deal Thursday morning, the parties said that Arbyâ€™s and Wendyâ€™s would continue to ...
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