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Wendy’s, with Nelson Peltz pulling the strings, missed the consolidation boat

The Bottom Line: The burger chain tried operating other brands and then sold them to focus on its core brand. But that may not be doing the company any favors on Wall Street.


Starbucks is selling its Evolution Fresh brand

The coffee chain, which plans to focus on its core business, sold its juice line to the carrot company Bolthouse Farms.

Nelson Peltz’s Trian Partners, which owns nearly 20% of the company’s stock, said it has approached the board about a possible acquisition, sending the shares soaring.

The private-equity firm, which sold the seafood chain in 2017, has acquired the brand again. Management has also invested in the company.

Alexander Govor will acquire the company’s entire portfolio, McDonald's said. He has been an operator with the chain in Siberia since 2015.

In a significant reversal of its pandemic struggles, the owner of 17 full-service restaurants and an equal number of quick-service ones said it had a great quarter and is looking at adding another concept to its fold.

Executive Decisions Group will look to help the chain return to growth after it emerged from bankruptcy earlier this year.

WOWorks, the collector of better-for-you fast-casual chains, now operates six brands and plans to have more than 400 locations by the end of the year.

The company has a new CEO in Kelli Valade and a new brand in Keke’s that it’s betting will help it accelerate growth for years to come.

Restaurant Rewind: The burger giants once swelled their portfolios to include everything from pasta concepts to burrito chains. Here's why they ultimately pared back down to burgers.

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