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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for the tender offer, a total of approximately 31M shares of Wendy's common stock were validly tendered and not validly withdrawn at or below the purchase price of $9.25 per share, including approximately 700,000 shares that were tendered through notice of guaranteed delivery.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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August 26, 2014
06:33 EDTWENBurger King wants merger despite problems with dining combos, NY Times says
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August 19, 2014
06:02 EDTWENTaco Bell introducing dollar menu, LA Times reports
Taco Bell (YUM) is introducing its new Dollar Cravings menu, which features 11 items, the LA Times reports. McDonald's (MCD) and Wendy's (WEN) both offer dollar menus. Reference Link

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