Arby's Owner to Buy Wendy's


	Arby's Owner to Buy Wendy's

reimers

4-25-2008 12:15 PM

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4-25-2008 12:19 PM

gwendolyn

My two fave fast food joints. I hope they'll start making combo-restaurants!

Yum!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/3b35be8a-91c0-42f2-b6fa-a916ab5e5d98/13346699-78DF-4A83-8756-C0A6E17DA115/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://money.aol.com/news/articles/_a/arbys-owner-to-buy-wendys/20080424085809990001?icid=100214839x1200689311x1200025835" href="http://money.aol.com/news/articles/_a/arbys-owner-to-buy-wendys/20080424085809990001?icid=100214839x1200689311x1200025835" style="font-size: 11px;">money.aol.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.aol.com/news/articles/_a/arbys-owner-to-buy-wendys/20080424085809990001?icid=100214839x1200689311x1200025835"> The billionaire investor known for pushing
corporations to make changes to boost their stock price has a new
challenge: turning around one of the fast-food industry's more
notable names and doing it during a slumping economy.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.aol.com/news/articles/_a/arbys-owner-to-buy-wendys/20080424085809990001?icid=100214839x1200689311x1200025835"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/money.aol.com/img/5651B478-310E-4EE5-9A10-F6ACADC22BE5" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.aol.com/news/articles/_a/arbys-owner-to-buy-wendys/20080424085809990001?icid=100214839x1200689311x1200025835"><DIV>Atlanta-based Triarc Cos., owned by Nelson Peltz, said Thursday
it will pay about $2.34 billion in an all-stock deal for <SPAN title="Click here to update the right column." class="ra_cword_wrap"><A class="ra_cword" href="javascript:alert('This link contains javascript. Please visit the clip source to follow this link.');" target="_self">Wendy's</A><SPAN class="ra_icon"> </SPAN></SPAN>
International Inc., the nation's third-largest hamburger chain,
known for its square hamburger and chocolate Frosty dessert. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.aol.com/news/articles/_a/arbys-owner-to-buy-wendys/20080424085809990001?icid=100214839x1200689311x1200025835"><DIV> Peltz has pushed for change at Wendy's - including the spinoff
of the Tim Hortons coffee-and-doughnut chain and cutting corporate
expenses - since 2005 to increase the company's stock price. His
Trian Fund and his allies own 9.8 percent of Wendy's stock. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://money.aol.com/news/articles/_a/arbys-owner-to-buy-wendys/20080424085809990001?icid=100214839x1200689311x1200025835"><DIV> It's a similar tactic Peltz has used at other companies where
Trian has become a significant investor, such as Cadbury Schweppes
PLC and <SPAN title="Click here to update the right column." class="ra_cword_wrap"><A class="ra_cword" href="javascript:alert('This link contains javascript. Please visit the clip source to follow this link.');" target="_self">H.J. Heinz</A><SPAN class="ra_icon"> </SPAN></SPAN> Co. Trian also owns shares of <SPAN title="Click here to update the right column." class="ra_cword_wrap"><A class="ra_cword" href="javascript:alert('This link contains javascript. Please visit the clip source to follow this link.');" target="_self">Tiffany & Co.</A><SPAN class="ra_icon"> </SPAN></SPAN> and
The Cheesecake Factory Inc., according to regulatory filings. </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/13346699-78DF-4A83-8756-C0A6E17DA115/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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