Company to target 5% corporate ownership by next year In order to reduce its corporate ownership of restaurants within 6500-unit system, the Wendy’s Co. will sell 500 of its owned restaurants to franchisees by next year, that is, 2016 and will reduce its ownership to 5%. Wendy’s CEO, Emil Brolick, told that company’s plans for 2015 and beyond involve improving quality of earnings by expanding...
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