date:Nov 21, 2013
The Wendy's Company announced plans to sell company owned 54 restaurants to NPC International, Inc., the eighth largest restaurant operator in the United States.
The sale is a continuation of the company's plan to geographically concentrate its restaurant ownership. The company announced in July plans to sell about 425 company owned restaurants. Wendy's expects to complete the sales by the second quarter of 2014. Emil Brolick, president and CEO, has said the restaurant sales will reduce annuali