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Columbus Dispatch: Carlisle looking at Wendy's purchase: bizjournals.com Business News: WEN - MSN Money

The article to this link states a wendy's franchisee already operating about 100 restaurants, Carlyle Corp, not to be confused with the Carlyle group, is also interested in joining potential other suitors for the company. This isn't the strongest news one could hope for as a holder. WEN has a 3bil market cap. Apparently Triarc Cos. has already offered 3.6bil. Carlyle thinks the offers out there are too rich at today's prices and hopes wendy's keeps the business in house to someone who already understands the core values of the company. I'm waiting for better news.

A market cap of 3bil means wendys is only valued at about 10bucks for every person in the country. They cant equal 10bucks a head in retained earnings to up their value/market-cap in the future?
Time to raise the dollar menu. Time to make breakfast. Time to build out more stores. Time for a larger buyers' group with more leverage to infuse some capital or changes, not a measely 100store franchisee. Of course you don't want someone to come in and strip it either. Don't know why they're even thinking about putting themselves up on the block. D/E ratio is .79. Anyhow, look at the charts, this stock ain't going down. If they decide not to sell, so what? The stock is trending up by itself anyways on its own merits. A value play, a small growth play, and a buyout play all the same. Low risk, low-gain, but possibly more gain. Nice scenario. Would be nice if they put something together this month. I hear people beating the panic drum on future bank earnings announcements, as if we didnt know and or should care. Tidal forces picking up by the next waxing crescent moon. Hope there's no riptides.

Comments: View Comments |  Thursday October 4, 2007