NEW YORK Arbyâ€™s system, Triarc Cos. Inc. has agreed to sell its investment advisory firm, Deerfield & Co. LLC, for nearly $290 million in cash and stock to Deerfield Triarc Capital Corp. â€”In an effort to focus on its 3,600-plus-unit Billionaire Nelson Peltz, chairman of Triarc Cos., stepped down as chairman of Deerfield Triarc Capital before the deal was negotiated, according to Triarc, which would continue to hold a 10-percent stake in the renamed Deerfield ...
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Contact: Desiree Torres Desiree.Torres@penton.com