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Quick-service hamburger company $WEN said its Japanese franchisee, Wendy's Japan, will acquire First Kitchen Ltd., involving 136 restaurants, from Suntory Holdings. Deal is expected to close at end June. To enable the deal, a private equity firm, The Longreach Group, has acquired a majority stake in Wendy's Japan.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.