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FeedsFarm.com > Wendy's speeds up Tims spinout Fast-food chain adopts plan to distribute rest of stake through dividend after IPO

Wendy's speeds up Tims spinout Fast-food chain adopts plan to distribute rest of stake through dividend after IPO

11th Jan 2006, 15:56 GMT

Fast-food chain Wendy's International Inc. plans a fast sale of its Tim Hortons chain, with ownership of the iconic coffee shops to be handed out to Wendy's shareholders in a special stock dividend soon after Tim Hortons' scheduled initial public offering in March.

View full story at globeandmail.com

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