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Arby's Acquiring B-Dubs Is Good For Wendy's
- CNBC, Wednesday, November 29, 2017 8 AM
Buffalo Wild Wings is being acquired by Roark Capital Group, the owner of Arby's, but burger chain Wendy's may benefit from the deal. Wendy's owns about 18.5% of Arby's, with its stake valued at around $325.9 million, as of the third quarter this year. That stake could change depending "on how much equity is issued as part of the deal and whether or not the company participates in that issuance," said Stifel analyst Chris O’Cull.
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