FTC clears Triarc to merge Arby's and Wendy's

May 30, 2008
The Federal Trade Commission has given the OK to Triarc Companies Inc.'s planned $2.34 billion acquisition Wendy's International Inc.

The regulator this week granted an early termination to a waiting period mandated by the Hart-Scott-Rodino Antitrust Improvements Act. That action cleared a major hurdle for Atlanta-based Triarc's all-stock deal for the nation's third-largest burger chain, which was announced April 24.
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