Burger Giant Bought By Rival Restaurant

Buyout Wendys The owner of Arby's is buying Wendy's. The daughter of the late Wendy's founder Dave Thomas says the family is devastated.

by The Associated Press

Published: Thu, April 24, 2008 - 9:29 am CST Last Updated: Thu, April 24, 2008 - 9:45 am CST

COLUMBUS, Ohio (AP) - A Wendy's buyout is sad news for the family of the fast-food chain's founder.
The owner of Arby's says it is buying Wendy's International in an all-stock deal worth 2.34 billion dollars. That comes after the burger chain's board rejected at least two earlier offers by the company.

Pam Thomas Farber, the daughter of Wendy's founder Dave Thomas,
says the family is devastated.
She says if her father were alive to hear news of the buyout,
"he would not be amused."

The Wendy's board has been studying strategic alternatives since
early last year.
Sales have slid in the struggling economy that has hurt many
restaurant chains.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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CwhatUwant2C Says:

Thu, Apr 24, 2008 at 8:14 pm

THATS GOING TO BE A BIG MISTAKE…..................

asda Says:

Thu, Apr 24, 2008 at 12:45 pm

It will no longer be the 99 cent menu it will now be the $1.99 menu.

BamaBob Says:

Thu, Apr 24, 2008 at 12:31 pm

Bummer!

working4u Says:

Thu, Apr 24, 2008 at 11:11 am

Bye bye to the free condiments. Hello to the over priced Wendy’s burger.

I guess Wendy’s employees that handle food will no longer be required to wear gloves like the food handlers at Arbys.

bsh28 Says:

Thu, Apr 24, 2008 at 10:49 am

I don’t like it!!! Arby’s has outpriced itself for so many of us. Wendy’s has such a great .99 menu and good food. I am saddened by this buy-out.

Boondock Says:

Thu, Apr 24, 2008 at 10:22 am

Your right asda. Arby’s is horrible and we don’t eat there anymore. Now it looks like I won’t be eating at Wendy’s anymore either.

asda Says:

Thu, Apr 24, 2008 at 10:04 am

Great now Arby’s can run all the wendy’s in the ground just like they did their own restaurants. Arby’s quality has gone down over the years and they keep adding junk that is horrible they lost sight of what made them a great place to eat.

SumOneILove Says:

Thu, Apr 24, 2008 at 9:45 am

I like Wendys!! NOOOOOOOOOOOO!!