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Triarc, the investment arm of billionaire investor Nelson Peltz and owner of the Arby's sandwich chain, acquired Wendy's International Inc for $2.2 billion on Sept. 29, to form Wendy's/Arby's.
Now Trian Partners, one of Wendy's/Arby's largest shareholders, which is also run by Peltz, said Thursday it wants to buy about 8.5 percent of the company's outstanding common shares at a 26 percent premium.
Wendy's Arby's News Release
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