Thursday, January 20, 2011

Wendy’s/Arby’s Group Exploring Strategic Alternatives for Arby’s

ATLANTA--(Hospitality Business News) --Wendy's/Arby's Group, Inc. (NYSE: WEN), the third-largest quick-service restaurant company in the United States, today announced it is exploring strategic alternatives for Arby’s Restaurant Group, Inc., including a sale of the brand. UBS Investment Bank is assisting in the process.

Arby’s® is the second-largest quick-service sandwich chain in the U.S. with nearly 3,700 restaurants. Arby’s restaurants specialize in slow roasted and freshly sliced roast beef sandwiches as well as Market Fresh® deli-style sandwiches, toasted subs and salads, all with the convenience of a drive-through.

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