ATLANTA Triarc Cos. Inc.â€™s offer to acquire Wendyâ€™s International Inc. through a $2.34 billion stock swap will be submitted to the companiesâ€™ respective shareholders for approval at separate but simultaneous meetings on Sept. 15, the parties jointly announced Friday. The announcement stressed that the deal would improve the margins of Wendyâ€™s namesake burger chain and units of Triarcâ€™s Arbyâ€™s sandwich brand, which is owned by the holding companyâ€™s Arbyâ€™s Restaurant Group Inc. The ...
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Contact: Desiree Torres Desiree.Torres@penton.com