NEW YORK In an effort to focus solely on its 3,600-unit-plus Arbyâ€™s system, Triarc Companies Inc. agreed to sell its investment advisory firm, Deerfield & Company LLC, in a cash and stock transaction valued at about $290 million, the company said Friday. Deerfieldâ€™s buyer is Deerfield Triarc Capital Corp., a financial services company that is managed by a subsidiary of Deerfield & Co.Billionaire investor Nelson Peltz had served as chairman to both Triarc and Deerfield Triarc Capital, ...
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Contact: Desiree Torres Desiree.Torres@penton.com