Thursday, April 24, 2008

Arby's buying Wendy's for $2.3 billion

Actually, the owner of Arby's, billionaire investor Nelson Peltz, is doing the buying, but he also owns Arby's (through a company called Triarc).

Dave Thomas started Wendy's in 1969.

Thomas' daughter Pam Thomas Farber said the family was devastated by the news.

"It's a very sad day for Wendy's, and our family. We just didn't think this would be the outcome," said Farber, 53.

If her father were alive to hear news of the buyout, "he would not be amused," she said.

5 comments:

Jim Harbaugh Scramble said...

An update! Hooray, hopefully there will be more of these.

Private Chef said...

Hi there

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Renae said...

I'm not really a fan of fast food unless it's from the garden to my mouth, but I'm inspired by your passion about the topic. I will be checking in from time to time to hear the good, the bad and the highly-caloric.
I feel bad for the family related to Wendy. I always thought I'd like to have Dave as a neighbor.

Anonymous said...

HEY,

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Check out the official website www.rescuebrigadeaudition.com,

Just as a heads up, the deadline is June 30th!

Good Luck!!!

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