NEW YORK Wendy’s International Inc. and potential suitor Triarc Cos. Inc., the restaurant concern controlled by activist investor Nelson Peltz, appear to be continuing their discussions about the No. 3 burger brand’s auction process despite passing a 5 p.m. deadline set by Peltz for the resolution of some issues. On Monday, Peltz said he was prepared to offer as much as $3.5 billion for Dublin, Ohio-based Wendy’s, a company in which he owns a 9.8-percent stake, but only if terms of a ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now.We promise it will only take a few minutes!
Questions about your account or how to access content?