TITLE

RETAIL

PUB. DATE
June 2005
SOURCE
Investment Dealers' Digest;6/6/2005, Vol. 72 Issue 22, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents tables on investment banking in retail underwriting. Triarc Cos. Inc. has agreed to acquire RTM Restaurant Group Inc., operator of 775 of Triarc's 3,500 Arby's restaurants, for $175 million in cash plus stock and the assumption of $420 million in debt and prepayment expenses. The stock portion of the purchase is valued at about $144 million, based on the trading price of Triarc's existing Class B shares. Teenage Clothing retailer Wet Seal Inc.'s fiscal Ql loss narrowed as its same-store sales increased.
ACCESSION #
17235510

 

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