Wendy’s owner wants Carl’s Jr., Hardee’s

March 13th, 2010, 11:20 am
Nancy Luna, Staff Writer
Update 1 p.m.
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The New York Post continues to stand by a report that Nelson Peltz, whose firm controls Wendy’s and Arby’s, is considering making a rival bid for CKE Restaurants, the parent company of Carl’s Jr. and Hardee’s.

Citing sources, the New York tabloid said that Peltz is flirting with beating Thomas H. Lee Partners’ near $1 billion bid to buy CKE. The Boston private-equity firm, whose portfolio includes stakes in Dunkin’ Donuts, made the $928 million offer two weeks ago.

Shareholders would receive $11.05 in cash for each share they own. The agreement allowed for CKE to seek other offers until April 6.

“Peltz’s Trian Fund Management is studying CKE, looking at its financials, and seeing if there is any strategic advantage to adding Hardee’s and Carl’s to their menu, the source said,â€