Post subject: Re: Arby's is buying Wendy's for $2Bn
Posted: Thu Apr 24, 2008 7:00 pm
Force of Nature
Joined: Fri Aug 19, 2005 4:52 pm Posts: 770 Location: New York City Via Buffalo NY
i know nothing about the fast food industry, and living in New York, it's really a Mcdonalds town. there are no arby's i'm aware of and a few BKs.
I just found it odd that Arby's bought Wendy's. As an average joe, i'd have thought there were more Wendy's out there and that they'd have been a buyer of Arbys.
i know nothing about the fast food industry, and living in New York, it's really a Mcdonalds town. there are no arby's i'm aware of and a few BKs.
I just found it odd that Arby's bought Wendy's. As an average joe, i'd have thought there were more Wendy's out there and that they'd have been a buyer of Arbys.
Thanks for the insight, given2trade
You are correct. Arby's didn't really buy Wendy's. Wendy's is a MUCH bigger company. It's called a 'stock swap' and when the merger is completed former Wendy's shareholders will own the vast majority of the shares outstanding. I don't have the number in front of me but probably like 75% of the shares.
The reason why people are saying Arby's is buying Wendy's is because Arby's management team will lead the combined company and the 'ticker' that shakes out after the stock swap will be Arby's ticker. However, they plan on changing the name to incorporate Wendy's in it.
So don't believe the headlines. Arby's did not buy Wendy's. It was at best a merger w/ no premium paid to either shareholders that will now be run by the Arby's management team.
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Post subject: Re: Arby's is buying Wendy's for $2Bn
Posted: Thu Apr 24, 2008 7:08 pm
Force of Nature
Joined: Fri Aug 19, 2005 4:52 pm Posts: 770 Location: New York City Via Buffalo NY
i see. i didn't even read the story. i just saw the headline and thought "square roast beef". and while it was meant as a joke, i was preparing to see roast beef "patty-ized" and i started to get ill.
I didn't realize arby's has the better management team. Or is this just the wendy's guys cashing out and retiring?
i see. i didn't even read the story. i just saw the headline and thought "square roast beef". and while it was meant as a joke, i was preparing to see roast beef "patty-ized" and i started to get ill.
I didn't realize arby's has the better management team. Or is this just the wendy's guys cashing out and retiring?
I am not sure Arby's does have the better management team. How they negotiated the details of who would run the combined company is anyone's guess. I'm sure some of Wendy's management will be kept, since they are not combining headquarters.
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Post subject: Re: Arby's is buying Wendy's for $2Bn
Posted: Thu Apr 24, 2008 7:13 pm
Administrator
Joined: Sat Oct 16, 2004 10:51 pm Posts: 14534 Location: Mesa,AZ
Kevman wrote:
i know nothing about the fast food industry, and living in New York, it's really a Mcdonalds town. there are no arby's i'm aware of and a few BKs.
I just found it odd that Arby's bought Wendy's. As an average joe, i'd have thought there were more Wendy's out there and that they'd have been a buyer of Arbys.
Thanks for the insight, given2trade
There's one on the Thruway southbound before you get to Newburgh. I used to plan my trips around it.
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Post subject: Re: Arby's is buying Wendy's for $2Bn
Posted: Thu Apr 24, 2008 7:14 pm
Interweb Celebrity
Joined: Sun Oct 17, 2004 12:47 am Posts: 46000 Location: Reasonville
$úñ_DëV|L wrote:
Kevman wrote:
i know nothing about the fast food industry, and living in New York, it's really a Mcdonalds town. there are no arby's i'm aware of and a few BKs.
I just found it odd that Arby's bought Wendy's. As an average joe, i'd have thought there were more Wendy's out there and that they'd have been a buyer of Arbys.
Thanks for the insight, given2trade
There's one on the Thruway southbound before you get to Newburgh. I used to plan my trips around it.
holy shit. i've been to that one.
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Post subject: Re: Arby's is buying Wendy's for $2Bn
Posted: Thu Apr 24, 2008 7:24 pm
too drunk to moderate properly
Joined: Sun Oct 17, 2004 7:19 pm Posts: 39068 Location: Chapel Hill, NC, USA Gender: Male
Does this mean it's going to take me an extra 20 minutes to get my order at Wendys?
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Post subject: Re: Arby's is buying Wendy's for $2Bn
Posted: Thu Apr 24, 2008 7:29 pm
Supersonic
Joined: Sun Oct 17, 2004 3:02 pm Posts: 10690 Location: Lost in Twilight's Blue
Mmmmmm...Arby's...
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arby's rules nearly all places of the like. we had one in my hometown for a couple years. then it became a dairy queen, which we already had one of. now it's a bk lounge... THATS pathetic
Post subject: Re: Arby's is buying Wendy's for $2Bn
Posted: Thu Apr 24, 2008 9:19 pm
Got Some
Joined: Fri Nov 30, 2007 9:46 pm Posts: 2275 Location: Round on the outside hi in the middle Gender: Male
Arby's is pretty much the only fast food I'll eat. I doubt it's any healthier than the others, but it sure as hell tastes better. Market Fresh is the way to go.
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