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Wendy’s, Arby’s Chains in Merger Talks

Wendy’s International said Tuesday that it agreed to share confidential financial information with Triarc Restaurants, the owner of Arby’s and a major shareholder pushing to buy the burger chain.

August 29, 2007

1 Min Read
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COLUMBUS, Ohio — Wendy’s International here said Tuesday that it agreed to share confidential financial information with Triarc Restaurants, the owner of Arby’s and a major shareholder pushing to buy the burger chain. Triarc, led by Nelson Peltz, has previously said it would pay between $3.2 billion and $3.6 billion for Wendy’s, reports said. Triarc owns about 9.8% of Wendy’s.

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