hedgefunds

Hedge Fund Grabs Fast Food

Filed in archive Hedgetalk on December 9, 2008

Hedge Fund Grabs Fast Food
hedge fund Trian Partners said that they will buy about 49.4 million shares of fast-food operator Wendy's/Arby's Group for $4.15 per share, or about $205 million.


Triarc Cos. Inc., which operates Arby's and was run by billionaire investor Nelson Peltz, bought Wendy's in a deal that closed in September.


Full story here; Hedge Fund Trian Partners to Hold Over 50 Million Fast Food Shares



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Tags: hedge+fund+arbys+wendys  hedge  fund  2008  2007  hedge+fund  fast+food  grabs+fast 

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