Bidding groups form for Wendy's: sources
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Thomas H. Lee Partners and Oak Hill Partners are among the private equity firms bidding for burger chain Wendy's International Inc , sources said on Thursday, as the auction proceeds despite the impact of the credit crunch on deals.
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Wendy's International Inc. , the third-largest US hamburger chain, gave Nelson Peltz access to its books as the billionaire investor considers a takeover bid of as much as $3.23 billion.
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The upcoming 700MHz spectrum auctions by the U.S. Federal Communications Commission (FCC)&#160;have drawn bid applications from giant companies including Google and AT&amp;T. But a number of small companies and individuals have submitted bid applications as well.
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Bids are being lined up for the US Foodservice division of Dutch retailer Ahold, with a decision on the sale expected later this month.
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Toys R Us Inc.  has opened its financial records to more than a dozen prospective suitors, including a consortium being led by the retailer's former chairman and chief executive Michael Goldstein, sources familiar with the situation said on Friday.
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Hamburger chain Wendy's International Inc.  said on Monday it would explore the possible sale of the company instead of other restructuring options.
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The organization will let fans help call the shots on an upcoming pay-per-view event.
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Three private equity firms announced they were considering a bid for J Sainsbury, Britainâs third-largest supermarket group.
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Thomas H. Lee Partners and Oak Hill  Partners are among the private equity firms bidding for burger  chain Wendy&#39;s International Inc , sources said on  Thursday, as the auction proceeds despite the impact of the  credit crunch on deals.
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Wendy&#039;s International Inc.  on  Wednesday said same-store sales at U.S. Wendy&#039;s company-owned  restaurants rose 0.5 percent to 0.6 percent in the second  quarter, as new items such as its Frescata sandwiches were not  enough to give the struggling hamburger chain a major boost.
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Business & money: Â· Proposal would create Britain's biggest pub group Â· Other predators circling after finance debacle
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The billionaire investor Nelson Peltz has said his company, Triarc Cos., which owns Arbyâs, would be a natural buyer for Wendyâs.
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Private equity and trade  buyers are lining up bids for Dutch retailer Ahold's   3 billion euro ($3.8 billion) U.S. Foodservice  division, British newspaper The Business reported on Sunday.
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No. 3 U.S. hamburger chain Wendy's International Inc introduced a 99-cent double cheeseburger on Tuesday, a product the company hopes will help it compete with bigger rivals McDonald's Corp and Burger King Corp Inc
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Wendy's International Inc.  on Monday said it will allow customers to forego French fries included in its combo meals in favor of chili, a baked potato or a salad, at no extra charge, as it works to regain market share.
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Some bondholders of Delta Air Lines Inc.  have begun organizing an informal group to support US Airways Group Inc.'s  $8.78 billion takeover offer for the bankrupt carrier, a source close to the matter said on Wednesday.
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The Marsh & McLennan Companies, the worldÂs largest insurance brokerage, will solicit bids for its Putnam Investments mutual fund unit.