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Wendy’s International Inc. has received a lower-than-expected buyout offer from Arby’s parent company Triarc Cos. Wendy’s<br />

said Triarc’s bid was less than the anticipated $37 to $41 per share, which Triarc proposed in a July 30 letter. The exact<br />

amount of Triarc’s November 12 proposal was not disclosed. Triarc chairman Nelson Peltz is a 9.8% stakeholder in Wendy’s.<br />

(Marketwatch.com 11/14/07)<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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