Filed under: Analyst reports, Deals, Private equity, Wendy’s Intl (WEN)

As BloggingStock’s Douglas McIntyre wrote earlier today, the Wendy’s Intl (NYSE:WEN) hamburger chain has attracted the attention of more than one group of investors interested in taking it private. Monique Curet, of Wendy’s hometown paper, The Columbus Dispatch, had some interesting insights into the landscape of a possible purchase, including the news that a full dozen parties are believed to have signed confidentiality agreements in order to study the financials.

A point of debate among industry experts is the corporation’s worth. Most agree that its current stock price already reflects a pre-sale bump. One group of franchisees considering the purchase is led by J. David Karam of Cedar Enterprises, Inc., who considers the current stock price, in the mid 30’s, a problem in light of its trading at 12 times core income.

Continue reading More news about Wendy’s (WEN) possible sale

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This entry was posted on Thursday, September 27th, 2007 at 7:40 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.