Trian Partners finalizes Wendy's/Arby's stock deal

December 14, 2008

NEW YORK — Trian Partners' purchase of 49,395,394 shares of Wendy's/Arby's Class A common stock has been verified.

The fund management group now owns approximately 21.6 percent of Wendy's/Arby's outstanding Class A common stock, up from 11.1 percent for a total of 101,456,002 shares.