Some Wendy’s franchisees said Tuesday they were unprepared for chairman Nelson Peltz’s possible plans to sell Wendy’s/Arby’s Group Inc., and fear it may become another distraction for the struggling chain. Peltz, who leads Trian Management, a fund that holds a 23.5-percent stake in Atlanta-based Wendy’s/Arby’s, disclosed last week that he had received an expression of interest surrounding an acquisition of the parent restaurant company. Peltz said in a ...
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Contact: Desiree Torres Desiree.Torres@penton.com