NEW YORK Arbyâ€™s parent Triarc Cos. Inc. submitted on Monday a bid to acquire Wendyâ€™s International Inc. for an undisclosed price, but one that is less than the company had originally projected, according to a regulatory filing submitted late Tuesday. While Triarc did not disclose how much it offered to purchase all of the assets of Dublin, Ohio-based Wendy's, it did say the bid "is below the valuation range" of its proposed offer in July, which was between $37 and $41 per share, or ...
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Contact: Desiree Torres Desiree.Torres@penton.com