Parent Company Puts Arby’s Up For Sale

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Wendy’s/Arby’s said it is exploring strategic alternatives that is likely to result in a sale of the Arby’s chain, which would allow the company to focus its resources on expanding the better-performing Wendy’s brand in the U.S. and overseas. Arby’s, known for its roast beef sandwiches, has trailed Wendy’s in performance and is expected to announce its first quarterly same-store sales increase since 2006.

Via The Wall Street Journal

Posted 1/26/11 by L