NEW YORK -- Activist investor Nelson Peltz and his related investment funds under Trian Partners disclosed a small initial stake in Starbucks Corp. and an increased holding in The Cheesecake Factory Inc. According to filings outlining Trian's holdings as of March 31, Peltz and his affiliates had purchased 842,070 shares...
The Peltz Group, Milwaukee, has sold its shredding division, Security Data Destruction, to Iron Mountain Confidential Destruction, a division of Iron Mountain. Terms were not disclosed. The sale is part of a new marketing partnership. Peltz of The Peltz...
In the six years since Washington revamped its small business investment company program, the number of New York City-based firms turning to SBICs for funding has remained relatively constant. But the size of the investments they have been getting ha In the six years since Washington...
Early reaction to the takeover of Wendy's International by the particularly active activist investor Norman Peltz, announced Thursday, is coming in. The Wall Street Journal's Deal Journal blog is reporting that Peltz's Triarc, which owns 9.8 percent of Wendy's, was pushed into closing the deal by a...
If Sally Peltz gets her way, the parking structure her company builds by the Pabst Brewery will free her nonprofits from relying on grants. Peltz, president of Legacy Midwest Renewal Corp., uses money from construction projects to shore up Legacy Redevelopment Corp., a program that gives low-interest...
Edgar Vincent, who died on June 26 at the age of ninety, had a professional relationship with OPERA NEWS that extended over more than five decades. As manager and public-relations executive for dozens of opera's greatest stars during the past half-century, Edgar worked with every one of this magazine's editors,...
Trade barriers in Europe. Ed. by Marlene C. Peltz. Nova Science Publishers 2007 147 pages $79.00 Hardcover HF2033 Reprinting materials from the Office of the United States Trade Representative, this volume contains reports on...
NEW YORK -- One of the Museum of Modern Art's latest film acquisitions isn't an art-house experiment by Andy Warhol or Michelangelo Antonioni. It's the spy-action blockbuster "The Bourne Identity" and its sequels. This week the museum is screening the films and hosting...
When Wendy's International Inc. appointed its chief financial officer Kerrii Anderson to the chief executive post in 2006, the rise of a numbers guru with no restaurant operations experience appeared to illustrate how thoroughly finance expertise trumped other credentials in an era of buyout fever. ...
To coincide with the Democratic National Convention this August, the Denver Office of Cultural Affairs has organized a series of artists' projects. An official program of the Denver 2008 Convention Host Committee, "Dialog:City" (Aug. 21-29) will feature 10 projects throughout the city. Curated by Seth Goldenberg and...
Please join me in welcoming our new members from April 2008 who are just beginning to enjoy the benefits of membership in the Photographic Society of America PSA. New members have the services of the PSA New Member website where they can submit a photograph for the...
NEW YORK -- Activist investor Nelson Peltz and his related investment funds under Trian Partners disclosed a small initial stake in Starbucks Corp. and an increased holding in The Cheesecake Factory Inc. According to filings outlining Trian's holdings as of March 31, Peltz and his affiliates had...
Alpha magazine, as part of its fifth-yearanniversary celebration, announces the creation of the Alpha Hedge FundHall of Fame to recognize those individuals who have had a major impact onthe evolution, growth and success of the now $2 trillion hedge fundindustry. The inaugural group of 14 inductees is a who's who...
[ILLUSTRATION OMITTED] DUBLIN, OHIO -- The pending acquisition of Wendy's International Inc. by Arby's parent Triarc Cos. could be just what the beleaguered No. 3 burger chain needs to regain the operational efficiencies and coordinated marketing messages that once were its hallmark, some foodservice veterans contend. ...
DUBLIN, OHIO -- A year after a special board committee began weighing a possible sale of the company, Wendy's International has rejected a merger with Arby's or a newly proposed $900 million buyout, prompting rebuffed suitor Nelson Peltz to call for shareholders to decide Wendy's fate. The No....
Byline: EMILY BRYSON YORK To beat back Big Mac, Wendy's needed a sharp strategy, a consistent identity and marketing and menu innovation fit for a king. What it got was Nelson Peltz. After a prolonged period of...
COLUMBUS, Ohio -- After at least two rejections, billionaire Nelson Peltz has finally succeeded in landing Wendy's in a $2.3 billion deal that would add the chain known for its square burger and chocolate Frosty dessert to his ownership of Arby's and its roast beef sandwiches. Atlanta-based...
Business News IN BRIEF *Wendy's, the US fast-food chain best known for its square burgers, it to be bought by Trairc Companies - which owns the rival chain Arby's - in a $2.4bn (1.2bn) all-shares deal. The tie-up is a victory for Triarc's chairman, the billionaire investor...
When Kelsey Peltz signed up for the Advanced Placement Environmental Science class at Fenwick High School in Oak Park, Ill., she didn't know that part of the coursework would be discussing water issues--and life in general--with Palestinian students from Bethlehem. Her teacher, Marcus McKinley, had wanted to find...
Congratulations on your excellent probing and revealing interview with Bill Johnson, CEO of H.J. Heinz ("Innovation Playbook," March 2008). Johnson's ability to develop the relationship with Nelson Peltz, which has resulted in the improved performance of the company, demonstrates the value of a challenging and constructive CEO/board member relationship. ...
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