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The Wendy's Company Sells Ownership Interest in Inspire Brands for $450 Million

1 month ago   |   By Restaurant News

Sale Proceeds Expected to Provide Company Flexibility to Invest in Future Growth
Board of Directors Approves New $100 Million Share Repurchase Authorization
Dublin, OH The Wendy's Company announced today that it has accepted an offer from Inspire Brands (Owner of Arby's®, Buffalo Wild Wings®, and R Taco®) to sell its 12.3% ownership interest in the company back to Inspire Brands for $450 million. The agreement was approved by The Wendy's Company Board of Directors and represents a 38% premium on the Wendy's Company's previous valuation of the investment.
“The sale of our stake in Inspire...
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Constellation Brands Restructuring, Lays Off Dozens of Craft Sales Reps

Constellation Brands Restructuring, Lays Off Dozens of Craft Sales Reps

1 month ago   |   By Brewbound

On the same day that it announced a $4 billion investment into Canada's Canopy Growth Corporation , Constellation Brands also laid off dozens of employees tasked with selling the company's craft and specialty beers throughout the U.S.
Constellation - whose craft portfolio includes Ballast Point in California, Funky Buddha in Florida and Four Corners Brewery in Texas as well as Mexican import brands Corona, Modelo and Pacifico - terminated around 60 of its 100 or so craft and specialty reps, a source familiar with the situation told Brewbound.
Beer enthusiast website beerstreetjournal.com...
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Tequila-Lime Marinated Angus Sirloin - Sound of Flavor

The Roasted Red Pepper Semolina Focaccia recipe in the latest video from POV Italian Cooking is packed full of flavor but still an easy bread to make at home. This Italian... Read more ...

Burgers & Griddle Corn - Sound of Flavor

Burgers sizzling on the grill is the definitive sound of summer in America. Hamburgers with 80 lean meat and 20 fat, that are featured in this video, makes juicier, more... Read more ...

How to clean and prepare mussels and clams

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5 Ingredient Peanut Butter Bars

5 Ingredient Peanut Butter Bars

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Chocolate Pecan Pie Bars

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Ultimate Pumpkin Cheesecake Bars

Ultimate Pumpkin Cheesecake Bars

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Mango Lemon Bars

Mango Lemon Bars

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No name shot aka po po v1

No name shot aka po po v1

Version 1 of a very popular drink at a famous bar in Laguna Beach Read more ...

Hard Cider, Frontier Fables, and the True Story of Johnny Appleseed

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Almond dessert bars

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Award Winning Almond Dessert Bars. Three easy layers. The shortbread crust and almond custard filling are incredible. Read more ...

3 ingredient no bake energy bar

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Chicken Enchiladas Recipe

Chicken Enchiladas Recipe

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BUTTERFINGER FRUIT DIP

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