Nelson Peltz's Triarc Cos acquisition of Wendy's creates the 3rd largest fast food company

• $26.78 per WEN share and 4.25 shares of Triarc for each WEN share; $2.34B total

• Deal pushed by activist shareholders, Peltz owns 9.8% stake
• Wendy's family devastated by Peltz's tactics
• Terms approved by both boards

• WENstock chart
• TRYstock chart

Announced 4.24.08

• Press release
• Form 8-K

Financial

• WEN : JPMorgan / Greenhill & Co
• TRY : Wachovia / Merrill Lynch

Legal

• WEN : Akin Gump Strauss  / Winston And Strawn
• Special Committee : Baker Hostetler
• TRY : Paul Weiss Rifkind  / Jones Day
• Trian Fund Management : Cadwalader Wickersham

General

• Edgar filing

Amendment #2 to amended and restated rights agrmnt

Voting agreement

Private Equity

Fast food