Description: Shares of Wendy’s/Arby’s Group rose 7% Friday on talk that the fast food chain could be taken over.
Source: CNNMoney.com
Date: 06/11/2010
Link: http://money.cnn.com/2010/06/11/news/companies/wendys_acquisition_stock/index.htm
Questions for discussion:
- Do you think this merger is a good fit for these companies?
- What are the reasons given in the article that explains the likelihood of more mergers in the fast food industry?
- Why would share prices rise on speculative news reports of a merger?
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