Wendy's/Arby's Group rises on takeover speculation

Shares in the company that runs Wendy's and Arby's restaurants jumped sharply Thursday on rumors of yet another high-profile buyout in the works.

The Wendy's/Arby's Group Inc. has long been considered as a potential target as a straggler in the fast food industry and with its shares depressed, it's a potential bargain for private equity groups willing to revamp operations.