UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 14)*
Wendy's International, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.10 stated value
--------------------------------------------------------------------------------
(Title of Class of Securities)
950590109
--------------------------------------------------------------------------------
(CUSIP Number)
Brian L. Schorr, Esq.
Chief Legal Officer
Trian Fund Management, L.P.
280 Park Avenue, 41st Floor
New York, New York 10017
(212) 451-3000
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 23, 2008
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g),
check the following box |_|.
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7 for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The Information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Fund Management, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3454182
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 8,553,800
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,553,800
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,553,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Fund Management GP, LLC
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3454087
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 8,553,800
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,553,800
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,553,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners GP, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3453775
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 4,225,962
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,225,962
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,225,962
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners General Partner, LLC
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3453595
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 4,225,962
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,225,962
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,225,962
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3453988
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 952,519
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
952,519
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
952,519
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Master Fund, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 98-0468601
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,261,527
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,261,527
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,261,527
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.7%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Parallel Fund I, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3694154
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 135,712
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
135,712
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
135,712
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Parallel Fund I General Partner, LLC
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3694293
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 135,712
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
135,712
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
135,712
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Parallel Fund II, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 87-0763105
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 30,751
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
30,751
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,751
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Parallel Fund II GP, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 87-0763102
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 30,751
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
30,751
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,751
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Parallel Fund II General Partner, LLC
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 87-0763099
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 30,751
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
30,751
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,751
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Triarc Companies, Inc.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 38-0471180
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Nelson Peltz
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 8,553,800
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,553,800
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,553,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Peter W. May
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 8,553,800
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,553,800
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,553,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Edward P. Garden
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 8,553,800
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
8,553,800
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,553,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Castlerigg Master Investments Ltd.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,916,013
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,916,013
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,916,013
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Sandell Asset Management Corp.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,916,013
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,916,013
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,916,013
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Castlerigg International Limited
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,916,013
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,916,013
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,916,013
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Castlerigg International Holdings Limited
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,916,013
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
3,916,013
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,916,013
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Thomas E. Sandell
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Sweden
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7 SOLE VOTING POWER
NUMBER OF 0
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,916,013
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
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10 SHARED DISPOSITIVE POWER
3,916,013
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,916,013
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
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14 TYPE OF REPORTING PERSON
IN
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CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Jerry W. Levin
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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7 SOLE VOTING POWER
NUMBER OF 5,443
SHARES ---------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING ---------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
5,443
---------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,443
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
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14 TYPE OF REPORTING PERSON
IN
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INTRODUCTORY STATEMENT
This Amendment No. 14 (this "Amendment") relates to the Schedule 13D filed on
behalf of Trian Partners GP, L.P., a Delaware limited partnership ("Trian GP"),
Trian Partners General Partner, LLC, a Delaware limited liability company
("Trian GP LLC"), Trian Partners, L.P., a Delaware limited partnership ("Trian
Onshore"), Trian Partners Master Fund, L.P., a Cayman Islands limited
partnership ("Trian Offshore"), Trian Partners Master Fund (Non-ERISA), L.P., a
Cayman Islands limited partnership ("Trian Offshore (Non-ERISA)"), Trian
Partners Parallel Fund I, L.P., a Delaware limited partnership ("Parallel
Fund"), Trian Partners Parallel Fund I General Partner, LLC, a Delaware limited
liability company ("Parallel Fund GP"), Trian Partners Parallel Fund II, L.P., a
Delaware limited partnership ("Parallel Fund II"), Trian Partners Parallel Fund
II GP, L.P., a Delaware limited partnership ("Parallel Fund II GP"), Trian
Partners Parallel Fund II General Partner, LLC, a Delaware limited liability
company ("Parallel Fund II GP LLC"), Trian Fund Management, L.P., a Delaware
limited partnership ("Trian Management" or "Trian"), Trian Fund Management GP,
LLC, a Delaware limited liability company ("Trian Management GP" and together
with the foregoing, the "Trian Entities"), Nelson Peltz, a citizen of the United
States of America, Peter W. May, a citizen of the United States of America,
Edward P. Garden, a citizen of the United States of America (the Trian Entities
and Messrs. Peltz, May and Garden are sometimes hereinafter referred to
collectively as the "Trian Filing Persons"), Jerry W. Levin, a citizen of the
United States of America, Castlerigg Master Investments Ltd. ("CMI"), Sandell
Asset Management Corp. ("SAMC"), Castlerigg International Limited ("CIL"),
Castlerigg International Holdings Limited ("CIHL") and Thomas E. Sandell
("Sandell", and collectively with CMI, SAMC, CIL and CIHL, the "Sandell Filing
Persons"; the Trian Filing Persons and the Sandell Filing Persons, collectively,
the "Trian/Sandell Filing Persons"), with the Securities and Exchange Commission
on December 13, 2005 (as amended by Amendment No. 1 to Schedule 13D filed by the
Trian/Sandell Filing Persons with the Securities and Exchange Commission on
January 17, 2006, Amendment No. 2 to Schedule 13D filed by the Trian/Sandell
Filing Persons with the Securities and Exchange Commission on March 3, 2006,
Amendment No. 3 to Schedule 13D filed by the Trian/Sandell Filing Persons with
the Securities and Exchange Commission on April 28, 2006, Amendment No. 4 to
Schedule 13D filed by the Trian/Sandell Filing Persons with the Securities and
Exchange Commission on May 31, 2006, Amendment No. 5 to Schedule 13D filed by
the Trian/Sandell Filing Persons with the Securities and Exchange Commission on
December 4, 2006, Amendment No. 6 to Schedule 13D filed by the Trian/Sandell
Filing Persons and Triarc Companies, Inc., a Delaware corporation ("Triarc",
and, together with the Trian/Sandell Filing Persons, the "Triarc/Trian/Sandell
Filing Persons") with the Securities and Exchange Commission on July 3, 2007,
Amendment No. 7 to Schedule 13D filed by the Triarc/Trian/Sandell Filing Persons
with the Securities and Exchange Commission on July 30, 2007, Amendment No. 8 to
Schedule 13D filed by the Triarc/Trian/Sandell Filing Persons with the
Securities and Exchange Commission on August 28, 2007, Amendment No. 9 to
Schedule 13D filed by the Triarc/Trian/Sandell Filing Persons with the
Securities and Exchange Commission on September 17, 2007, Amendment No. 10 to
Schedule 13D filed by the Triarc/Trian/Sandell Filing Persons with the
Securities and Exchange Commission on October 12, 2007, Amendment No. 11 to
Schedule 13D filed by the Triarc/Trian/Sandell Filing Persons with the
Securities and Exchange Commission on November 13, 2007, Amendment No. 12 to
Schedule 13D filed by the Triarc/Trian/Sandell Filing Persons and Mr. Levin (the
Triarc/Trian/Sandell Filing Persons and Mr.. Levin, collectively, the "Filing
Persons") with the Securities and Exchange Commission on February 11, 2008 and
Amendment No. 13 to Schedule 13D filed by the Filing Persons with the Securities
and Exchange Commission on April 18, 2008, the "Schedule 13D"), relating to the
Common Shares, $.10 stated value (the "Shares"), of Wendy's International, Inc.,
an Ohio corporation (the "Issuer" or "Wendy's"). Each capitalized term used but
not defined herein has the meaning ascribed to such term in the Schedule 13D.
Items 4, 5, 6 and 7 of the Schedule 13D are hereby amended and supplemented as
follows:
Item 4. Purpose of the Transaction.
Agreement and Plan of Merger
----------------------------
On April 23, 2008, Triarc, the Issuer and a wholly-owned subsidiary of Triarc
("Merger Sub"), entered into an Agreement and Plan of Merger (the "Merger
Agreement"). The Merger Agreement provides that, upon the terms and subject to
the conditions set forth in the Merger Agreement, Merger Sub will be merged with
and into Wendy's, with Wendy's as the surviving corporation (the "Merger") and
as a result of the Merger, Wendy's will become a wholly-owned subsidiary of
Triarc. Pursuant to the Merger Agreement, each Share will be converted into 4.25
shares of fully paid and non-assessable shares of Triarc Class A Common Stock.
Also under the Merger Agreement, Triarc agreed that it will fix its board of
directors at twelve members, 10 of which shall be current directors of Triarc
and two of which shall be current directors of the Issuer who are designated by
the Issuer and reasonably acceptable to Triarc. The two designees of the Issuer
shall be nominated for election at the next meeting of Triarc's stockholders at
which directors are to be elected.
Roland Smith, Triarc's Chief Executive Officer, will continue in the role of
Chief Executive Officer for the combined company and also will become Chief
Executive Officer of the Issuer following consummation of the Merger.
The description of the Merger Agreement herein is qualified in its entirety by
reference to the Merger Agreement, a copy of which is attached as Exhibit 20 to
this Schedule 13D and incorporated herein by reference.
Voting Agreement
----------------
On April 23, 2008, Trian, Trian Offshore, Trian GP, Trian Onshore, Parallel
Fund, Parallel Fund II (collectively, the "Trian Voting Parties") and the Issuer
entered into a Voting Agreement (the "Voting Agreement"). Except for any
provisions in the Voting Agreement with respect to the Standstill (defined
below), the Voting Agreement shall terminate upon the earlier of (i) the
termination of the Merger Agreement in accordance with its terms and (ii) the
consummation of the Merger (the "Termination Date").
Pursuant to the Voting Agreement, the Trian Voting Parties have agreed that
until the Termination Date, at any meeting of the shareholders of Wendy's and at
every adjournment or postponement thereof, the Trian Voting Parties will vote
(or cause to be voted) any Shares for which they have the right to exercise or
direct the vote (the "Subject Shares") (i) in favor of the proposal to adopt the
Merger Agreement and the Merger, at a meeting of the shareholders of Wendy's,
duly called, convened and held for the purpose of obtaining such shareholder
approval, (ii) against the approval of any matter or proposal submitted to the
shareholders of Wendy's for approval, if approval of such matter or proposal
would result in a breach in any material respect of any covenant, representation
or warranty or any other obligation of Wendy's under the Merger Agreement and
(iii) against (A) any merger, rights offering, reorganization, recapitalization
or liquidation involving Wendy's or any of its subsidiaries (other than the
Merger), (B) a sale or
transfer of a material amount of assets or capital stock of Wendy's or any of
its subsidiaries or (C) any action that is intended, or could reasonably be
expected, to materially impede, interfere with, delay, postpone or adversely
affect the Merger and the other transactions contemplated by the Merger
Agreement.
Pursuant to the terms of the Voting Agreement, the Trian Voting Parties have
agreed that until the Termination Date, the Trian Voting Parties shall be
prohibited from, directly or indirectly (i) disposing of the Subject Shares,
(ii) granting proxies or powers of attorney or entering into a voting agreement
or other arrangement with respect to the Subject Shares, (iii) taking any action
that would result in a diminution of the voting power represented by any of such
Shareholder's Subject Shares, or (iv) committing or agreeing to take any of the
foregoing actions.
Pursuant to the terms of the Voting Agreement, if (i) the Merger Agreement is
terminated pursuant to Section 7.1(d) thereof or (ii) the Merger does not occur
as a result of the failure of the condition set forth in Section 6.3(f) of the
Merger Agreement (each a "Standstill Trigger Event"), then the Trian Voting
Parties shall be bound by certain provisions that, among other things, restrict
the Trian Voting Parties' ability to directly or indirectly acquire additional
securities of the Issuer, enter or propose to enter into any business
combination with the Issuer or make, or in any way participate or engage in, any
solicitation of proxies or consents to vote with respect to any voting
securities of the Issuer until the three year anniversary of the Standstill
Trigger Event (the "Standstill"). However, under certain circumstances set forth
in the Voting Agreement, such restrictions on the Trian Voting Parties will
terminate prior to the third anniversary of the Standstill Trigger Event.
In the Voting Agreement, the Trian Voting Parties acknowledge that Peter H.
Rothschild and Stuart I. Oran, directors of the Issuer, have submitted their
resignation from the Board of Directors of the Issuer, which shall be effective,
without further action, immediately upon the earlier of (i) termination of the
Merger Agreement pursuant to Section 7.1(d) thereof or (ii) termination of the
Merger Agreement as a result of the failure of the condition set forth in
Section 6.3(f) thereof.
The description of the Voting Agreement herein is qualified in its entirety by
reference to the Voting Agreement, a copy of which is attached as Exhibit 21 to
this Schedule 13D and incorporated herein by reference.
Item 5. Interest in Securities of the Issuer
In November 2007, Trian Offshore (Non-ERISA) transferred 5,958 Shares to Trian
GP.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to
Securities of the Issuer
See Item 4 for a description of the Merger Agreement and Voting Agreement. A
copy of the Merger Agreement and Voting Agreement is filed herewith as an
exhibit and incorporated herein by reference, and the description of the Merger
Agreement and Voting Agreement herein is qualified in its entirety by reference
to the Merger Agreement and Voting Agreement filed herewith.
Item 7. Material to be Filed as Exhibits.
20. Agreement and Plan of Merger, dated April 23, 2008, by and among Triarc, the
Issuer and Green Merger Sub (incorporated by reference to Exhibit 2.1 to the
Issuer's current report on Form 8-K filed with the Securities and Exchange
Commission on April 29, 2008).
21. Voting Agreement, dated as of April 23, 2008, by and among the Trian Voting
Parties and the Issuer (incorporated by reference to Exhibit 10.1 to the
Issuer's current report on Form 8-K filed with the Securities and Exchange
Commission on April 29, 2008).
SIGNATURE
After reasonable inquiry and to the best of each of the undersigned's
knowledge and belief, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.
TRIAN PARTNERS GP, L.P.
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS GENERAL PARTNER, LLC
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS, L.P.
By: Trian Partners GP, L.P.,
its general partner
By: Trian Partners General Partner,
LLC, its general partner
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS MASTER FUND, L.P.
By: Trian Partners GP, L.P., its
general partner
By: Trian Partners General Partner,
LLC, its general partner
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS PARALLEL FUND I, L.P.
By: Trian Partners Parallel Fund I
General Partner LLC, its general
partner
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS PARALLEL FUND I
GENERAL PARTNER, LLC
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS PARALLEL FUND II,
L.P.
By: Trian Partners Parallel Fund II
GP, L.P., its general partner
By: Trian Partners Parallel Fund II
General Partner, LLC,
its general partner
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS PARALLEL FUND II GP,
L.P.
By: Trian Partners Parallel Fund II
General Partner, LLC, its
general partner
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS PARALLEL FUND II
GENERAL PARTNER, LLC
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
TRIAN FUND MANAGEMENT, L.P.
By: Trian Fund Management GP, LLC,
its general partner
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
TRIAN FUND MANAGEMENT GP, LLC
By: /s/ Edward P. Garden
-------------------------------
Name: Edward P. Garden
Title: Member
/s/ Nelson Peltz
-----------------------------
NELSON PELTZ
/s/ Peter W. May
-----------------------------
PETER W. MAY
/s/ Edward P. Garden
-----------------------------
EDWARD P. GARDEN
CASTLERIGG MASTER INVESTMENTS LTD.
BY: SANDELL ASSET MANAGEMENT CORP.,
its investment manager
By: /s/ Thomas E. Sandell
-------------------------------
Name: Thomas E. Sandell
Title: Chief Executive Officer
SANDELL ASSET MANAGEMENT CORP.
By: /s/ Thomas E. Sandell
-------------------------------
Name: Thomas E. Sandell
Title: Chief Executive Officer
CASTLERIGG INTERNATIONAL LIMITED
BY: SANDELL ASSET MANAGEMENT CORP.,
its investment manager
By: /s/ Thomas E. Sandell
-------------------------------
Name: Thomas E. Sandell
Title: Chief Executive Officer
CASTLERIGG INTERNATIONAL HOLDINGS
LIMITED
BY: SANDELL ASSET MANAGEMENT CORP.,
its investment manager
By: /s/ Thomas E. Sandell
-------------------------------
Name: Thomas E. Sandell
Title: Chief Executive Officer
/s/ Thomas E. Sandell
-----------------------------
THOMAS E. SANDELL
TRIARC COMPANIES, INC.
By: /s/ Nils H. Okeson
-------------------------------
Name: Nils H. Okeson
Title: Senior Vice President
and General Counsel
By: /s/ Jerry W. Levin
-------------------------------
JERRY W. LEVIN
Dated: April 29, 2008