In July 2011 fast food restaurant chain Wendy s Arby s announced that
In July 2011, fast food restaurant chain Wendy’s/Arby’s announced that it had sold its Arby’s restaurants and would change its name back to Wendy’s. Arby’s was purchased by the private equity firm Roark Capital Group. Arby’s was the 11th restaurant chain purchased by Roark. Why might a company split off a division? Is there a possibility of reverse synergy?

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