Tax Reform in This Election Year: It's Not Likely
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As BloggingStock's Douglas McIntyre wrote earlier today, the Wendy's Intl (NYSE:WEN) hamburger chain has attracted the attention of more than one group of investors interested in taking it private. Monique Curet, of Wendy's hometown paper, The Columbus Dispatch, had some interesting insights into the landscape of a possible purchase, including the news that a full dozen parties are believed to have signed confidentiality agreements in order to study the financials.A point of debate among industry experts is the corporation's worth. Most agree that its current stock price already reflects a pre-sale bump. One group of franchisees considering the purchase is led by J. David Karam of Cedar Enterprises, Inc., who considers the current stock price, in the mid 30's, a problem in light of its trading at 12 times core income.
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