Financing
Nelson Peltz opts not to buy Wendy’s as the company reorganizes
The burger chain’s largest shareholder and chairman opted not to seek a deal for the company. Kurt Kane, the burger chain's U.S. president, is leaving as part of a broad corporate restructuring.
Financing
Meritage Hospitality Group to acquire 43 Wendy’s restaurants
The Michigan-based operator has made 27 acquisitions in the burger chain’s system and now owns more than 300 restaurants.