Here’s something you don’t see every day: Franchise owners so out of touch with how their chain is doing, they have no idea their corporate parent is a takeover target. After Wendy’s/Arby’s Group (WEN) chairman and major shareholder Nelson Peltz announced earlier this week he’d been contacted about a possible sale of the struggling company, the head of Wendy’s biggest franchise-owner association told Nation’s Restaurant News members were shocked and dismayed at the news.
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