Fri Jun 11 13:29:00 -0400 2010

The Wall Street Journal (New York)

- Billionaire hedge fund executive Nelson Peltz said Thursday he was approached by an outside party about a potential acquisition involving fast-food chain Wendy’s/Arby’s Group Inc.

Public restaurant companies were viewed as less likely buyers. “We don’t see a public company that has a strategic fit in buying Wendy’s/Arby’s,” Telsey Advisory Group analyst Tom Forte said.

To view the full article, download the PDF here: The Wall Street Journal, June 11, 2010