(Reuters) - PHILADELPHIA, June 18 - Hamburger chain Wendy's International Inc. said on Monday it would explore the possible sale of the company instead of other restructuring options.
Wendy's, which also lowered its 2007 earnings forecast, had said in April it would weigh options to boost strategic value, including a possible sale. The latest announcement shows that the fast-food chain sees a sale as more likely.
Read more at Reuters.com Mergers News
Wendy's, which also lowered its 2007 earnings forecast, had said in April it would weigh options to boost strategic value, including a possible sale. The latest announcement shows that the fast-food chain sees a sale as more likely.
Read more at Reuters.com Mergers News
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