ATLANTA Triarc Cos. Inc.’s long pursuit of Wendy’s International Inc. officially ended today with the consummation of a $2.34 billion stock swap and merger. The deal forms a new publicly traded company called Wendy’s/Arby’s Group Inc., operator or franchisor of 10,344 Arby’s and Wendy’s quick-service restaurants. The merger, which had already been approved by both companies’ boards of directors and shareholders, gave Wendy’s stockholders 4.25 shares of Triarc Class A Common Stock for ...
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!