Wendy's

Food

Wendy's hopes to spice up the chicken sandwich wars

The company has introduced a new Jalapeno Popper Chicken Sandwich in the middle of an innovation surge in the fast-food chicken business.

Financing

Bankruptcy court approves the $801M sale of NPC International

The giant Pizza Hut and Wendy’s franchisee is being sold to Flynn Restaurant Group and five other franchisees.

Flynn Restaurant Group will buy half of the 393 Wendy’s being sold by the bankrupt operator, along with all 900 Pizza Huts, while other operators will buy the remaining units of the burger chain.

The burger franchise is going to mediation in a dispute with its largest franchisee over a proposed bankruptcy sale to Flynn Restaurant Group.

The chain is working with Rebel Foods and Sierra Nevada Restaurants to open 400 locations in the country, including 250 inside digital-only kitchens.

Flynn Restaurant Group has an $816 million agreement to buy the big Pizza Hut and Wendy’s franchisee out of bankruptcy.

The burger chain and a consortium of franchisees are bidding for nearly 400 locations. Franchisees will end up with most of the restaurants.

The CEO of Flynn Restaurant Group is pushing a megadeal for the Wendy’s and Pizza Hut operator that would create the third-largest restaurant operator in the U.S., says RB's The Bottom Line.

Flynn Restaurant Group was OK’d as the stalking horse bidder for the Pizza Hut and Wendy’s operator, even as Wendy’s objects. But many other potential buyers are interested.

The burger chain inked a deal with Reef Kitchens to expand in Canada, and has multiple models in the U.S.

  • Page 10