The New York Post reports that Triarc Cos. is in negotiations to merge the Arby's chain with RTM Restaurant Group. RTM is Arby's largest franchisee, operating more than 700 Arby's restaurants. In the transaction, Arby's would acquire RTM for an expected $200 million in cash, but RTM would continue to own a 25% stake in the company. Though the parties are still in the beginning stages of negotiations, the expectation is that along with the finalization of the merger, Triarc will file registration papers for Arby's IPO as early as next month.
Posted by franchiselawblog at January 19, 2005 04:18 PM