Well ... that marriage didn't last long ...
Wendy's/Arby's exploring options for Arby's
Company may sell Arby's to focus more on Wendy’s
Nation's Restaurant News
January 20, 2011 | By Molly Gise
Nelson Peltz, chairman of Wendy's/Arby's Group, said a divestiture of the 3,700-unit chain would help it focus on its 6,600-unit Wendy’s, the third-largest quick-service burger chain behind McDonald’s and Burger King.
“We believe the way to maximize shareholder value is to focus all of our management and financial resources on continuing to build the Wendy’s brand,” he said.
The sale would end the somewhat new Wendy’s/Arby’s Group, which was formed in 2008 when the Peltz-led Triarc Cos. Inc., then the parent of Arby’s Restaurant Group Inc., acquired Wendy’s International Inc. for around $2.3 billion. Roland Smith took the helm at Wendy’s and Wendy’s/Arby’s shortly after the merger.
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