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Arby’s owner buying Wendy’s for $2.34 billion


COLUMBUS, Ohio — The owner of Arby’s said Thursday it is buying Wendy’s International Inc. in an all-stock deal worth $2.34 billion that comes after the burger chain’s board rejected at least two earlier offers by the company.

Pam Thomas Farber, 53, daughter of Wendy’s founder Dave Thomas, said the family was devastated by the news.

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