Tuesday, July 3, 2007

CORRECTED-Trian Fund says Triarc "natural" buyer for Wendy's

(Reuters) - According to the filing, Trian also upped its stake in
Wendy's from 8.4 percent to 9.8 percent.




Last year, Peltz, who questioned Wendy's strategy, placed
three nominees on the company's board. Pressure from him sped
up a spin-off of the Tim Hortons Inc. coffeehouse
chain and led to the sale of the Baja Fresh chain to an
investment group.


Read more at Reuters.com Mergers News

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