Wendy’s/Arby’s Group volatility low into Arby's sale to Roark Capital Wendy’s/Arby’s Group announced a definitive agreement for the sale of Arby’s Restaurant Group, Inc. to Roark Capital Group. Wendy’s/Arby’s Group will retain an 18.5% ownership interest in Arby’s. The aggregate transaction value is estimated to be $430 million. Overall option implied volatility of 38 is below its 26-week average of 42 according to Track Data, suggesting decreasing price movement.
News For WEN From The Last 14 Days
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Wendy's plans to double pace of Image Activation reimages in 2014 The company also expects 15 new Company-operated Image Activation restaurants and 45 new franchise-operated Image Activation restaurants in 2014. The Company continues to target the implementation of Image Activation in 85 percent of its Company-operated restaurants and 35 percent of the North America system by the end of 2017.