Wendys (WEN) Update

Wendy’s (WEN) has completed their sale of 81.5% of Arbys. They have dropped the Arbys name from their company; still own a minority stake in the company. This move is symbolic and used to show that they will/are focusing on the Wendys brand exclusively. IMHO this move was long overdue. I believe now they can really focus on growing Wendys without the distraction of Arbys getting in the way. My confidence in the company is growing. Their move into the breakfast segment as the economy is turning the corner is very timely also. I look for $6.50 a share within a year and $8 a share within 2 years. Hopefully they will be able to grow the dividend also. Good luck investing. Tony