Peltz swaps restaurant investments

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Wendy's /Arby's Group for news

Peltz swaps restaurant investments

Febrero 24, 2009
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%202009%20-%20Denny's%20to%20debut%20lower-sodium%20menu%20items

Investment funds affiliated with Nelson Peltz, the well-known activist investor and nonexecutive chairman at Wendy’s/Arby’s Group Inc., have snatched up stock in quick-service and snack brands, and dumped holdings in casual-dining companies.

According to the latest filings from Peltz’s various Trian funds, which covered holdings as of Dec. 31, Krispy Kreme Doughnuts Inc. and CKE Restaurants Inc. are in, while P.F. Chang’s China Bistro Inc. and The Cheesecake Factory Inc. are out.

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  • Wendys Arbys Group Inc.

    Wendy’s/Arby’s Group, Inc. - in existence from 2008 - 2011 - was at the time the third largest quick service restaurant company in the United States and was comprised of the Wendy’s® and Arby’s® brands, two companies distinguished by traditions of quality food and service.

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