MERGER: Wendy's International (WEN) & Triarc Companies (TRY)
Issue:
On 9/29/08, Wendy's International, Inc. [WEN] was merged into Triarc Companies, Inc.[TRY]. Each WEN share received 4.25 shares of TRY. Immediately after the merger, Triarc changed its name and symbol to Wendy's/Arby's Group, Inc. [WEN]. Details on this transaction can be found at the company website at http://ir.wendysarbys.com/phoenix.zhtml?c=67548&p=irol-newsArticle&ID=1203318&highlight=
Cause:
This is a normal merger, followed by a name and symbol change. Enter the merger in accordance with the instructions at http://www.iclub.com/support/kb/default.asp?page=normal_merger.
Resolution:
For the entry of the merger you will need the following:
Transaction date - 9/29/08
Old security - Wendy's International, Inc. [WEN]
New security - Triarc Companies, Inc. [TRY]
Cash received - any cash received for fractional shares, per your broker statement.
Shares received - 4.25 times the number of WEN shares held. Be sure to include fractional shares.
Price per share for new security - 5.40
After completing the merger entry, edit the security profile for Triarc, and change its name and symbol to Wendy's/Arby's Group, Inc. and WEN, respectively.
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