Hints and tips:
...The ambitious private equity-backed group behind Arby’s sandwich shops and Buffalo Wild Wings is in talks to acquire Dunkin’ Brands for nearly $9bn....
...the company, which has more than 13,000 Dunkin’ outlets and about 8,000 Baskin-Robbins in its portfolio, all of them franchised, part of a fast food empire that also includes Rusty Taco, Jimmy Johns and Arby...
...Prior to his stint at Arby’s, he served in roles at Yum Brands’ Taco Bell, HJ Heinz and Procter & Gamble....
...Osram bidding war (FT) Elliott takes stake in Marathon Petroleum and renews call for break-up (FT) Vox Media acquires New York Magazine (FT) KKR weighs pivot towards tech with $300m Asia fund (FT) Arby...
...The pizza chain Papa John’s has appointed Arby’s president Roby Lynch as its new chief executive after it cut ties with its controversial founder John Schnatter....
...Arby’s Restaurant Group has cooked up a deal to buy Buffalo Wild Wings in a pact valued at $2.9bn, including the chain’s net debt....
...Buffalo Wild Wing shares, which closed on Monday at $146.40, rose more than 6 per cent to $155.57 after Arby’s takeover offer was announced....
...Meredith, which raised $1.4bn in debt to finance its takeover of Time Inc, counted investor orders of more than $8bn for its deal, according to one person with knowledge of the transaction....
...Investors are now readying for a number of other junk-rated bond deals, including a $485m debt sale by Arby’s expected next week to fund its purchase of Buffalo Wild Wings....
...Just last month, Arby’s Restaurant Group agreed to buy Buffalo Wild Wings for $2.9bn, including debt, while Ruby Tuesday agreed to be taken private in a $146m deal in October....
...What they lack in experience, says Tom Garrett, former chief executive of Arby’s, a rival fast-food company, and the founder of GPS Hospitality, a major Burger King franchisee, will be “more than made up...
...So will companies such as Wendy’s/Arby’s and Burger King be able to enjoy equal success?...
...Wendy’s-Arby’s rose 4.2 per cent to $5.02 after the fast food group reported strong same-store sales growth in the US....
...investments and has in the past used its stakes to push for strategic changes at companies including Kraft, Cadbury Schweppes and Heinz, the food companies, as well as engineering the merger of Wendy’s and Arby...
...Brinker International’s Chilis chain and the Wendy’s-Arby’s Group Arby’s chain suffered from declining sales in their restaurants....
...Wendy’s Arby’s Group rose 7.1 per cent on Friday to $4.65 a day after Nelson Peltz, its chairman, said an unnamed party expressed interest in a potential deal involving the fast food company....
...These include, Arby’s, Barney’s New York, Claire’s Stores, Krispy Kreme doughnuts, Palm, and Unisys. And inevitably, companies are already starting to complain....
...Last but not least, we consider two companies recently involved in corporate transactions, Wendy’s/Arby’s Group and EchoStar Corporation , to be trading at well below half their respective intrinsic values...
...The deal would add the fast food outlet to Triarc’s Arby’s roast-beef sandwich chain....
...Mr Peltz’s holding company will now run Wendy’s 6,600 restaurants in the US and around the world alongside the 3,700-unit US-based Arby’s sandwich chain that it acquired three years ago....
...He is also chairman of Triarc, the publicly traded holding company for Arby’s, the sandwich chain, and Deerfield & Company, the Chicago-based asset manager....
...He added that a "synergisticâ” buyer such as Arby's, which could extract significant cost-savings from a union with Wendy's, should not be excluded from the process....
...Triarc, the parent company of Arby’s roast-beef sandwich chain, headed by Mr Peltz, is considering spending $37-$41 per share for Wendy’s, Mr Peltz wrote in a letter to James Pickett, Wendy’s chairman, on...
...Trustreet manages financial interests in 2,900 properties in 49 US states and its customers include chains such as Applebee’s, Wendy’s, Burger King, Jack-In-The-Box, Arby’s, Denny’s and Pizza Hut....
International Edition