Loading…
Saturday, December 27, 2014
Current Weather
Loading Current Weather....
Published: Saturday, 6/12/2010

Wendy's/Arby's eyeing acquisition overture

CHICAGO — Wendy's/Arby's Group Inc. Chairman Nelson Peltz said he's reviewing an overture from an unnamed group interested in acquiring the fast-food company.

His disclosure, made late Thursday in a regulatory filing, sent shares up 31 cents, or 7.1 percent, to $4.65 yesterday.

M. Peltz, whose investment firm owns 23.5 percent of the company's shares, gave few details, but he said the possible deal could include his participation and that he would discuss it with advisers.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.








Poll