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December 27, 2013
16:17 EDTWENWendy's sells Austin, Sacramento restaurants
Wendy's has sold 30 Austin and 19 Sacramento area restaurants, in separate transactions. With the completion of the transactions, the company has now either sold or announced sales agreements for a total of 282 restaurants in 2013 as part of its system optimization initiative. The Austin restaurants have been sold to HAZA Foods of Austin, Texas. The Sacramento area restaurants have been sold to Desmond Foods. Wendy's announced plans in July to geographically concentrate its restaurant ownership through the sale of about 425 company-operated restaurants in 13 U.S. markets. Restaurants are being sold to qualified operators on a market-by-market basis, with the completion of this process targeted by Q2.
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April 10, 2014
10:29 EDTWENWendy's initiated with a Buy at Tigress Financial
April 4, 2014
06:44 EDTWENMost senators resisting compromise on minimum wage increase, Politico reports
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April 3, 2014
06:34 EDTWENStates moving on minimum wage hikes, NY Times says
Since President Obama called for an increase in the federal minimum wage 14 months ago, seven states and Washington, DC have passed such an increase, according to The New York Times. Meanwhile, 34 other state legislatures have started debating the issue and activists in another eight states are looking to get proposals for minimum wage increases on voter ballots, the newspaper stated. Companies that could be affected by minimum wage increases include McDonald's (MCD), Burger King (BKW), Wendy's (WEN), Jack in the Box (JACK), Dunkin Donuts (DNKN), and Sonic Corporation (SONC). Reference Link

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