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News & Insights

Wendy’s & Arby’s to Combine

April 24, 2008

Wendy’s International, Inc. and Triarc Companies, Inc., the franchisor of the Arby’s restaurant system, announced today that they have signed a definitive merger agreement, which has been approved by the Boards of Directors of both companies, for an all-stock transaction that will bring together Wendy’s and Arby’s, two leading quick-service restaurant brands. The combined systems will form the nation’s third-largest quick service restaurant company, with approximately 10,000 restaurant units and pro forma annual system sales of approximately $12.5 billion.

The lawyers involved in the matter were partners James C. Woolery, Faiza J. Saeed and Andrew J. Pitts and associate Joshua Pringle. The deal was announced on April 24, 2008.

Related Practices & Industries

  • Corporate
  • Mergers and Acquisitions
  • Consumer Products and Services

People

Photo
Name
Faiza J. Saeed
Title
Corporate
Title
Partner
Email
fsaeed@cravath.com
Phone
+1-212-474-1454
vCard
Download vCard

    Education

    • J.D., 1991, Harvard Law School
      magna cum laude
    • B.A., 1987, University of California, Berkeley
      with Highest Distinction, Phi Beta Kappa

    Admitted In

    • New York
    • California (Inactive)
    • District of Columbia (Inactive)
    Photo
    Name
    Andrew J. Pitts
    Title
    Corporate
    Title
    Partner
    Email
    apitts@cravath.com
    Phone
    +1-212-474-1620
    vCard
    Download vCard

      Education

      • M.B.A., 1995, Boston University
        with High Honors
      • J.D., 1994, Boston University School of Law
        summa cum laude
      • B.A., 1988, Trinity College

      Admitted In

      • New York

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