Wendy’s is an American fast food company founded in 1969 by Dave Thomas in Columbus, Ohio. The company decided to own Arby’s in 2008. As of March 2018, Wendy’s is the world’s third largest hamburger fast-food chain with 6,650 locations, following Burger King and McDonald’s. On April 24, 2008, the company announced that it had completed the acquisition of Arby’s Restaurant Group, Inc. for $2.34 billion.
Arby’s is an American fast food restaurant chain with more than 3,300 restaurants system-wide and three international locations. As of December 31, 2018, Arby’s Restaurant Group was the second-largest quick-service sandwich chain in the United States with $3.6 billion in annual sales and 8% of the quick-service restaurant market.
Wendy’s owns Arby’s, however they operate as separate entities. This means that while Wendy’s may control some financial and marketing decisions for Arby’s, they are still two different companies.
Conclusion:
Wendy’s does own Arby’s, but they operate as two separate entities.
