There's the Beef

摘要

After several failed bids, nelson peltz's TRIARC COS. (6, TRY) is finally expected to get its teeth into Wendy's International next month. Triarc, which runs Arby's and T.J. Cinna-mons restaurants, is the nations twelfthlargest"f ast-food operator. Postmerger it will jump to number three, with 10,000 restaurants and $12.5 billion in sales.rnWendy's should also benefit from better management. With 6,600 outlets, it has been a laggard since the 2002 death of founder Dave Thomas. Itrnhas lost out in the quick breakfast trade and menu innovation. Now it will come under the auspices of Triarc Chief Executive Roland Smith, who is credited with turning around Arby's, American Golf Corp. and AMF Bowling Worldwide. Smith is expected to cut operating costs by $60 million.