Why? Because the capital markets will support it, that’s why. We’re starting to see something I had hoped would be further down the pike during this economic recovery cycle: The Return of the Why-P.O. What in tarnation is a Why-P.O. you ask? It’s an IPO so pointless for investors to be involved with that you…
Burger King
The Case of the Mysterious Wendy's Bond Issuance
Barron’s devoted quite a bit of space to an update on the combined Wendy’s/ Arby’s merger that Nelson Peltz and his Trian investment vehicle put together last year. They didn’t manage to explain the mysterious bond offering from Wendy’s (WEN) but I will attempt to add some dimension to that story here. The big question…
