By now, everyone in Columbus knows that Wendy’s was acquired by Nelson Peltz, CEO of Atlanta based Triarc Companies. Dave Thomas founded Wendy’s in 1969 here in Columbus where his original store remained open until March of 2007.
The sale of the company marks the loss of a local institution and the end of an era in Columbus. It also has the folks in Dublin a bit nervous about their jobs.
When a company as large as Wendy’s falters, there may be many reasons why and it helps to be an insider to know for sure. But as an outsider, I would guess that among the things that contributed to Wendy’s losing control of its company were the deaths of key executives–notably Dave Thomas–and a french fry problem.