Moody's to review Wendy's for possible downgrade

by Eric Schroeder
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NEW YORK — Moody’s Investors Service on Thursday placed all of the ratings of Wendy’s International, Inc. on review for possible downgrade following the fast-food restaurant’s announcement that its board of directors has formed a special committee to investigate all strategic options for Wendy’s to enhance shareholder value.

"These options, among other things, may include revisions to Wendy’s strategic plan, changes to its capital structure, a possible sale, merger or other business combination," Moody’s said.

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