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 ...
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?