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February 12, 2014
08:53 EDTWENWendy's announces preliminary results of tender offer
Based on the preliminary count by American Stock Transfer & Trust Company, the depositary for the tender offer, a total of approximately 31M shares of Wendy's common stock were validly tendered and not validly withdrawn at or below the purchase price of $9.25 per share, including approximately 700,000 shares that were tendered through notice of guaranteed delivery. The Wendy's Company expects to acquire approximately 29.7M shares of its common stock at a price of $9.25 per share, for an aggregate cost of approximately $275M, excluding fees and expenses relating to the tender offer. As such, Wendy's has been informed by the depositary that the preliminary proration factor for the tender offer is approximately 95.8%.
News For WEN From The Last 14 Days
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July 28, 2014
15:07 EDTWENWendy's leaves Russia after franchisee management change, Bloomberg says
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July 18, 2014
10:03 EDTWENOn The Fly: Analyst Initiation Summary
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08:17 EDTWENWendy's initiated with a Buy at Buckingham
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