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Stories tagged “wendy's”

Wendy's takeover bid: Peltz and Flynn offer $7.35 a share
Nelson Peltz and franchisee Greg Flynn offer $1.4 billion for the burger chain, as Wendy's reports its sixth straight quarter of falling sales.

Meritage Hospitality: 33 Wendy’s closed, 60 more at risk
A US Bankruptcy Trustee calls the pace of Meritage’s closures extraordinary, as Wendy’s argues its biggest franchisee has no right to keep running the restaurants at all.

Wendy's biggest US franchisee files for Chapter 11
Meritage Hospitality, which runs 314 Wendy's restaurants, filed for bankruptcy protection after store-level earnings fell 48% in a year.
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