NEW YORK In an effort to focus solely on its 3,600-unit-plus Arby’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. Deerfield’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, ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

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?

Contact:BrianGalletta(813) 627-6722Brian.galletta@penton.comorEricaNamtalov(212) 204-4361Erica.Namtalov@penton.com

Already registered? here.