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Wendy's Puts Sale on Front Burner
Wendy's(WEN Quote), facing deteriorating performance at its burger chain, officially put a company sale on its menu.
The fast-food restaurant operator said Monday that it is exploring a sale of its business, and it also lowered its profit forecast for the year amid "external factors" that are weighing on its turnaround.
Shares were down $1.01, or 2.5%, to $38.72 in recent trading. ...
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