Wendy's Bought by Peltz

Thursday, Wendy's International, Inc. agreed to be acquired by Arby's parent Triarc in a stock deal valued at about $2.3 billion excluding debt.  The deal will create the third-largest fast-food company, with approximately 10,000 restaurants and annual sales of more than $12.5 billion.  The daughters of the founder, Dave Thomas (one of whom was the real Wendy) are distaught, as they should be.  Their father was a true business legend in this country -- someone to set up as an example for young people going into business.  After the death of Dave Thomas the company got fancy and forgot how to build and advertise a good, inexpensive hamburger sold in a clean facility.  "Our burgers are square because we do not cut corners."  How great is that.