Wendy's shares up on hopes of near-term sale

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July 31, 2007
Shares of Wendy's International Inc. (WEN.N: Quote, Profile, Research) rose 4.7 percent on Tuesday, a day after billionaire investor Nelson Peltz said his restaurant company, Triarc Cos. Inc. (TRY.N: Quote, Profile, Research), could offer up to $41 a share for the hamburger chain.
Source
Reuters
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