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Published on 2/27/2008 in the Prospect News Special Situations Daily.

Farallon Capital ready to discuss Wendy's business

By Lisa Kerner

Charlotte, N.C., Feb. 27 - Wendy's International, Inc. investors led by Farallon Capital Partners, LP may communicate with the company's shareholders, officers, board members and others, it was reported in a schedule 13D filing with the Securities and Exchange Commission.

The investors said their discussions could include Wendy's operations, its strategic direction process, potential strategic transactions and the composition of Wendy's management and board.

Farallon and its affiliates beneficially own 5,435,000 shares, or 6.2%, of the Dublin, Ohio-based quick service restaurant chain.


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