NEW YORK Arby’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. —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 ...
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 the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!