STLtoday.com Top Business Headlines - Mar 13, 2010Wendy's/Arby's Group Inc. (WEN)
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Mark Smith
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Feltl and CompanyAnalysts said they're not surprised that Peltz would investigate the possibility, but they were skeptical that an actual offer would materialize because the merger would possibly cannibalize
Wendy's own burger franchises. "There's a lot of folks that are window shopping out there." said Conrad Lyon, an analyst with Global Hunter Securities in Newport Beach, Calif.
Mark Smith, an analyst with Minneapolis based Feltl and Co., noted that Lee's offer is somewhat of a "discount price.". "So we still don't rule out a higher offer coming in," he said.
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Analysts said they're not surprised that Peltz would investigate the possibility, but they were skeptical that an actual offer would materialize because the merger would possibly cannibalize <span class="company">Wendy</span>'s own burger franchises. "There's a lot of folks that are window shopping out there." said Conrad Lyon, an analyst with Global Hunter Securities in Newport Beach, Calif.<span class="sent"> <span class="analyst">Mark Smith</span>, an analyst with Minneapolis based Feltl and Co., noted that Lee's offer is somewhat of a "discount price.". "So we still don't rule out a higher offer coming in," he said.</span>...Analysts said they're not surprised that Peltz would investigate the possibility, but they were skeptical that an actual offer would materialize because the merger would possibly cannibalize <span class="company">Wendy</span>'s own burger franchises. "There's a lot of folks that are window shopping out there." said Conrad Lyon, an analyst with Global Hunter Securities in Newport Beach, Calif.<span class="sent"> <span class="analyst">Mark Smith</span>, an analyst with Minneapolis based Feltl and Co., noted that Lee's offer is somewhat of a "discount price.". "So we still don't rule out a higher offer coming in," he said.</span>
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