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wendy's out

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jimotis4heisman

jimotis4heisman

Banned
.... golden arches in


http://dispatch.com/news-story.php?story=252825

McDonald?s replaces Wendy?s as OSU sports sponsor
By Barnet D. Wolf
The Columbus Dispatch
Tuesday, March 13, 2007

McDonald's Corp. has replaced Wendy's International Inc. as a sponsor of Ohio State University athletics.
The five-year, $2.5 million deal will result in McDonald's name and logo appearing on the scoreboards and some other areas in Ohio Stadium and the Jerome Schottenstein Center.
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iambrutus;781981; said:
i like Wendy's much better than McD - guess i wont be getting my schedule cups anymore :(
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McDonald's angus burgers are really good.

angusmcdonalds.jpg
 
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Dryden;928228; said:
Dave Thomas dies, and the corporate blue hairs swoop right in to pimp out his daughter and sell her to the highest bidder.

Sad.
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That's how it works. Wendy's is publically traded as WEN on the NYSE and if you bid high enough you can buy all the stock you want. Basically if you own over 50% of the stock you control the company. Currently, WEN is selling for $31.33 per share.

Arby's Owner Gets Access to Wendy's Info

Aug 28, 2007
COLUMBUS, Ohio (AP) ? Wendy's International Inc. has agreed to let a major shareholder have access to crucial information about the third-largest hamburger chain so he can decide whether to bid for the company.
Billionaire investor Nelson Peltz has said his company, Triarc Cos., which owns fast-food chain Arby's, would be a natural buyer for Wendy's. He said last month that he was ready to offer $37 to $41 per share in a deal that would peg Wendy's total value between $3.2 billion and $3.6 billion.
Wendy's agreed to provide Peltz with confidential and proprietary information, according to a letter filed Tuesday with federal regulators.
Peltz, who runs the Trian Fund, said in July that he and his allies had increased their Wendy's stake to 9.8 percent of the company's total shares.
Wendy's formed a committee in April to determine ways to boost its stock price, including a possible sale.
Wendy's shares rose 70 cents, or 2.2 percent, to $32.69 Tuesday. The shares traded as high as $42 in June.
Peltz spokeswoman Carrie Bloom declined to comment. A message seeking comment was left with Wendy's Tuesday morning.
In the past year, Wendy's has spun off its Tim Hortons coffee-and-doughnut chain and sold its money-losing Baja Fresh Mexican Grill following pressure from Peltz and other investors to boost the value of Wendy's stock.
Peltz also gained control of three seats on the company's board last year.

Entire article: WEN: Basic Chart for WENDYS INTL INC - Yahoo! Finance
 
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