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Judge Approves Bidder to Set Base Price for Pizza Hut, Wendy's Restaurants

Parent Company of Wendy's Opposed the $816 Million Bid
Wendy's corporate parent company is trying to prevent Flynn Restaurant Group from buying out NPC International, the biggest franchisee of its hamburger brand. (Getty Images)
Wendy's corporate parent company is trying to prevent Flynn Restaurant Group from buying out NPC International, the biggest franchisee of its hamburger brand. (Getty Images)
CoStar News
November 16, 2020 | 11:31 P.M.

Burger chain Wendy's corporate parent failed to convince a bankruptcy judge to reject a deal that could result in a rival business owning its biggest franchisee and expanding that competing business to 2,500 eateries.

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