DUBLIN, Ohio, Jan. 28 /CNW/ -- Wendy's International, Inc. (NYSE: WEN)
today announced that the Special Committee of its Board of Directors, which is
reviewing the Company's strategic options, believes that it is in the final
stages of its review process.
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"The review process being undertaken by the Special Committee has taken
longer than anticipated, primarily due to the continuing turmoil in the
financial markets," said James V. Pickett, Chairman of the Board and the
Special Committee. "However, the Special Committee is working diligently to
conclude its review of strategic options and believes that the process is in
its final stages."
There is no assurance that the process will result in any changes to the
Company's current plans or when a specific announcement may be made. The
Company will report further developments regarding the Special Committee's
actions only as circumstances warrant.
Wendy's International, Inc. overview
Wendy's International, Inc. is one of the world's largest and most
successful restaurant operating and franchising companies. More information
about the Company is available at www.wendys-invest.com.
For further information:
For further information: INVESTORS, John Barker: +1-614-764-3044,
firstname.lastname@example.org, or Marsha Gordon: +1-614-764-3019,
email@example.com, or MEDIA, Bob Bertini: +1-614-764-3327,
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