Jaypasco must be in heaven with this news

[Gerk]

DUBLIN, Ohio (April 24) - The owner of Arby's said Thursday it is buying Wendy's International Inc. in an all-stock deal worth $2.34 billion that comes after the burger chain's board rejected at least two earlier offers by the company.

Triarc Companies Inc., which is owned by billionaire investor Nelson Peltz, will pay about $26.78 per share for the company, which has about 87 million shares outstanding. The price is a premium of 6 percent from the company's closing price of $25.32 Wednesday.

Under the terms of the deal, shareholders at Wendy's , the nation's No. 3 hamburger chain, will receive 4.25 shares of Triarc Class A stock for each share of Wendy's stock they own.

Atlanta-based Triarc said its shareholders will have to approve a charter amendment in which each share of its Class B stock will be converted into Class A stock.

Triarc said it will also change its name to include the Wendy's name

[Hoosiercatdaddy]

figured Wendy's was a lot bigger than Arby's

[Dr. Jack]

So Wendy's will now serve Arby's or other way around or both?

Good for Jay. This is fantastic news. lol

I haven't had Arby's in years. I used to love that Roast Beef cheddar though

[guzzi]

5 for 5 buuckz...

[smitch124]

They need to put their heads together and come up with something that can make Yankee's list.

[Hoosiercatdaddy]

Originally Posted by smitch124

They need to put their heads together and come up with something that can make Yankee's list.

pretty sure that Baconator would on a updated list lol

[Dr. Jack]

Originally Posted by guzzi

5 for 5 buuckz...

more exciting than $5 footlongs?

[Dr. Jack]

Originally Posted by Hoosiercatdaddy

pretty sure that Baconator would on a updated list lol

Heard people can just look at the baconator and have a heart attack

[Gerk]

Originally Posted by Dr. Jack

more exciting than $5 footlongs?

Can't get that annoying song out of my head. It's only on like 20 times an hour

[Dr. Jack]

Originally Posted by Gerk

Can't get that annoying song out of my head. It's only on like 20 times an hour

It is a bit much. lol

[Hoosiercatdaddy]

Originally Posted by guzzi

5 for 5 buuckz...

RIP 5 for $5. Now its $6.95. freaking ripoff

[guzzi]

Originally Posted by Dr. Jack

more exciting than $5 footlongs?

...alwayz ask fur a water glass to fill it full of extra horsy sauce or ketchup or something...kinda like a...french dip...

[guzzi]

Originally Posted by Hoosiercatdaddy

RIP 5 for $5. Now its $6.95. freaking ripoff

...holy moly...havnt been back in awhile...last remember $5.95...

[Dr. Jack]

lol

[The Judge]

Originally Posted by Hoosiercatdaddy

figured Wendy's was a lot bigger than Arby's

They are:

Originally Posted by Gerk

Under the terms of the deal, shareholders at Wendy's , the nation's No. 3 hamburger chain, will receive 4.25 shares of Triarc Class A stock for each share of Wendy's stock they own.