Potential buyout offer has support of family of founder Dave Thomas
COLUMBUS, Ohio - The owner of 134 Wendy's restaurants wants to make a bid for the nation's No. 3 hamburger chain with two private-equity firms.
David Karam, president of Cedar Enterprises Inc., said Wednesday that he and his partners have been invited by Wendy's International Inc. to a second round of talks. He is backed by Kelso & Co. and Oak Hill Capital Partners.
Wendy's franchise owner bids for company - Food Inc. - MSNBC.com
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News, Wendy's franchise owner bids for company.
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