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Wendy’s offloads 30 Austin, 19 Sacramento area restaurants
date:Dec 31, 2013
entrate its restaurant ownership through the sale of about 425 company-operated restaurants in 13 US markets, primarily in the West.

As a result of system optimization, the restaurant chain expects to generate a higher operating margin and stronger free cash flow, along with further enhancing the quality of its earnings with a more predictable revenue stream from a higher percentage of royalty and rental income.

With the completion of the current transactions, the company has now either sold o

12/26 01:10