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Wendy's International, Inc. is the franchisor of Wendy's restaurants and the former parent company of Wendy's. It also owned Tim Hortons , Baja Fresh , and had a 70 percent stake in Cafe Express . The corporate headquarters is located in Dublin, Ohio , a suburb of Columbus .
Wendy's International, LLC, [4] [5] is an American international fast food restaurant chain founded by Dave Thomas on November 15, 1969, in Columbus, Ohio.Its headquarters moved to Dublin, Ohio, on January 29, 2006.
Rex David Thomas was born July 2, 1932, in Atlantic City, New Jersey. [2] [5] His biological father's name was Sam and his biological mother's name was Molly. [6]Thomas was adopted between six weeks and six months later by Rex and Auleva Thomas, [6] [7] and as an adult became a well-known advocate for adoption, founding the Dave Thomas Foundation for Adoption.
Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company.It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
NPC was the largest franchisee of both Pizza Hut and Wendy's, and owned more than 1,200 Pizza Hut locations and 385 Wendy's locations until March 2021. [2] O. Gene Bicknell opened his first franchised Pizza Hut restaurant in Pittsburg, Kansas in 1962. In 1984, Bicknell and NPC went public, finishing the decade with 320 locations.
On August 16, 2018, The Wendy's Company announced that it sold its 12.3% stake in Inspire Brands back to the company for $450 million, which included a 38% premium over the stake's most recent valuation. [5] On August 28, 2018, Georgia Governor Nathan Deal announced that Inspire was moving its headquarters to Sandy Springs, Georgia in 2019. [12]
As it invested in the predecessor company of Wendy's, it held 19.4% of shares in the company at the time, making it the largest shareholder. [15] However, in January 2023, Trian stated it would drop these plans as Wendy's announced a corporate redesign, doubled its dividend to increase its share price and also announced a $500 million share ...
In 1994, the company attempted a public offering. Campbell was subsequently replaced by CEO Jim Peterson. The company was sold to a group of investors headed by the former Wendy's executive Joe Drury and financed by FMAC in 1998. [15] Bojangles in Tifton, Georgia. Bojangles expanded throughout the 1990s and 2000s, with the 300th location opened ...