Wendy's to Buy 25 Percent of Pasta Chain

1 min read
Opinions expressed by Entrepreneur contributors are their own.

Dublin, Ohio--Wendy's Int'l Inc. plans to buy a 25 percent stake in the Pasta Pomodoro restaurant chain for $12 million. In a press release, Wendy's CEO Jack Schuessler said the pasta chain appeals to current consumer dining trends and doesn't compete with Wendy's core hamburger stores, its Tim Hortons doughnut and baked goods chain, or its recently acquired Baja Fresh Mexican Grill. Pasta Pomodoro was founded in 1994 and operates 24 restaurants, mainly in the San Francisco Bay area. Wendy's expects the chain could grow to 75 to 100 units by 2005. -Columbus Business First

More from Entrepreneur

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.