UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 8)*
Wendy's International, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.10 stated value
--------------------------------------------------------------------------------
(Title of Class of Securities)
950590109
--------------------------------------------------------------------------------
(CUSIP Number)
Brian L. Schorr, Esq.
Trian Fund Management, L.P.
280 Park Avenue, 41st Floor
New York, New York 10017
(212) 451-3000
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 27, 2007
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g),
check the following box [_].
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7 for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The Information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Fund Management, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3454182
--------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 8,553,800
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
8,553,800
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,553,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Fund Management GP, LLC
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3454087
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 8,553,800
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
8,553,800
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,553,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners GP, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3453775
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 4,220,004
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
4,220,004
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,220,004
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners General Partner, LLC
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3453595
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 4,220,004
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
4,220,004
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,220,004
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
--------------------------------------------------------------------------------
Trian Partners, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3453988
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 952,519
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
952,519
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
952,519
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Master Fund, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 98-0468601
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,261,527
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
3,261,527
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,261,527
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.7%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Master Fund (Non-ERISA), L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 98-0471467
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 5,958
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
5,958
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,958
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Parallel Fund I, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3694154
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 135,712
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
135,712
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
135,712
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Parallel Fund I General Partner, LLC
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 20-3694293
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 135,712
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
135,712
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
135,712
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Parallel Fund II, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 87-0763105
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 30,751
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
30,751
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,751
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Parallel Fund II GP, L.P.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 87-0763102
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 30,751
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
30,751
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,751
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Trian Partners Parallel Fund II General Partner, LLC
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 87-0763099
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 30,751
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
30,751
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,751
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Triarc Companies, Inc.
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 38-0471180
--------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
0
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Nelson Peltz
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 8,553,800
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
8,553,800
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,553,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Peter W. May
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 8,553,800
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
8,553,800
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,553,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Edward P. Garden
--------------------------------------------------------------------------------
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-####
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 8,553,800
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
8,553,800
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,553,800
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Castlerigg Master Investments Ltd.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,916,013
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
3,916,013
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,916,013
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Sandell Asset Management Corp.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,916,013
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
3,916,013
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,916,013
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Castlerigg International Limited
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,916,013
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
3,916,013
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,916,013
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
[PG NUMBER]
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Castlerigg International Holdings Limited
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) [_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,916,013
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
3,916,013
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,916,013
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
CUSIP NO.: 950590109
1 NAMES OF REPORTING PERSONS
Thomas E. Sandell
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [x]
(b) [_]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
--------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)
[_]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Sweden
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 0
SHARES ------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,916,013
REPORTING ------------------------
PERSON 9 SOLE DISPOSITIVE POWER
0
------------------------
10 SHARED DISPOSITIVE POWER
3,916,013
------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,916,013
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [_]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
INTRODUCTORY STATEMENT
This Amendment No. 8 (this "Amendment") relates to the Schedule 13D filed on
behalf of Trian Partners GP, L.P., a Delaware limited partnership ("Trian GP"),
Trian Partners General Partner, LLC, a Delaware limited liability company
("Trian GP LLC"), Trian Partners, L.P., a Delaware limited partnership ("Trian
Onshore"), Trian Partners Master Fund, L.P., a Cayman Islands limited
partnership ("Trian Offshore"), Trian Partners Master Fund (Non-ERISA), L.P., a
Cayman Islands limited partnership ("Trian Offshore (Non-ERISA)"), Trian
Partners Parallel Fund I, L.P., a Delaware limited partnership ("Parallel
Fund"), Trian Partners Parallel Fund I General Partner, LLC, a Delaware limited
liability company ("Parallel Fund GP"), Trian Partners Parallel Fund II, L.P., a
Delaware limited partnership ("Parallel Fund II"), Trian Partners Parallel Fund
II GP, L.P., a Delaware limited partnership ("Parallel Fund II GP"), Trian
Partners Parallel Fund II General Partner, LLC, a Delaware limited liability
company ("Parallel Fund II GP LLC"), Trian Fund Management, L.P., a Delaware
limited partnership ("Trian Management" or "Trian"), Trian Fund Management GP,
LLC, a Delaware limited liability company ("Trian Management GP", and together
with the foregoing, the "Trian Entities"), Triarc Companies, Inc., a Delaware
corporation ("Triarc"), Nelson Peltz, a citizen of the United States of America,
Peter W. May, a citizen of the United States of America, Edward P. Garden, a
citizen of the United States of America (the Trian Entities, Triarc and Messrs.
Peltz, May and Garden are sometimes hereinafter referred to collectively as the
"Trian Filing Persons"), Castlerigg Master Investments Ltd. ("CMI"), Sandell
Asset Management Corp. ("SAMC"), Castlerigg International Limited ("CIL"),
Castlerigg International Holdings Limited ("CIHL") and Thomas E. Sandell
("Sandell", and collectively with CMI, SAMC, CIL and CIHL, the "Sandell Filing
Persons" and, together with the Trian Filing Persons, the "Filing Persons"),
with the Securities and Exchange Commission on December 13, 2005 (as amended by
Amendment No. 1 to Schedule 13D filed by the Filing Persons with the Securities
and Exchange Commission on January 17, 2006, Amendment No. 2 to Schedule 13D
filed by the Filing Persons with the Securities and Exchange Commission on March
3, 2006, Amendment No. 3 to Schedule 13D filed by the Filing Persons with the
Securities and Exchange Commission on April 28, 2006, Amendment No. 4 to
Schedule 13D filed by the Filing Persons with the Securities and Exchange
Commission on May 31, 2006, Amendment No. 5 to Schedule 13D filed by the Filing
Persons with the Securities and Exchange Commission on December 4, 2006,
Amendment No. 6 to Schedule 13D filed by the Filing Persons with the Securities
and Exchange Commission on July 3, 2007, and Amendment No. 7 to Schedule 13D
filed by the Filing Persons with the Securities and Exchange Commission on July
30, 2007, the "Schedule 13D"), relating to the Common Shares, $.10 stated value
(the "Shares"), of Wendy's International, Inc., an Ohio corporation (the
"Issuer" or "Wendy's"). Each capitalized term used but not defined herein has
the meaning ascribed to such term in the Schedule 13D.
Items 4, 6 and 7 of the Schedule 13D are hereby amended and supplemented as
follows:
Item 4. Purpose of the Transaction
On August 27, 2007, Triarc and Trian entered into a Confidentiality Agreement
(the "Confidentiality Agreement") with the Issuer, pursuant to which, the Issuer
agreed to provide to Triarc and Trian certain confidential and proprietary
information concerning the business and properties of the Issuer (the
"Evaluation Material"). Triarc and Trian intend to review the Evaluation
Material in order to evaluate their interest with respect to one or more
possible transactions with the Issuer, including, the possible purchase of all
or a portion of the stock, assets or business of the Issuer, or any related
transactions.
Pursuant to the terms of the Confidentiality Agreement, Triarc and Trian have
agreed, among other things, to certain provisions that restrict Triarc's and
Trian's ability to directly or indirectly acquire additional securities of the
Issuer prior to December 1, 2007. However, under certain circumstances set forth
in the Confidentiality Agreement, such restrictions on Triarc and Trian will
terminate prior to December 1, 2007. The description of the Confidentiality
Agreement herein is qualified in its entirety by reference to the
Confidentiality Agreement, a copy of which is attached as Exhibit 15 to this
Schedule 13D and incorporated herein by reference.
Item 6. Contracts, Arrangements, Understandings, or Relationships With Respect
to Securities of the Issuer.
See Item 4 for a description of the Confidentiality Agreement. A copy of the
Confidentiality Agreement is filed herewith as an exhibit and incorporated
herein by reference, and the description of the Confidentiality Agreement herein
is qualified in its entirety by reference to the Confidentiality Agreement filed
herewith.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
15. Confidentiality Agreement by and among Triarc, Trian and the Issuer, dated
August 27, 2007.
SIGNATURE
After reasonable inquiry and to the best of each of the undersigned's
knowledge and belief, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.
TRIAN PARTNERS GP, L.P.
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS GENERAL PARTNER, LLC
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS, L.P.
By: Trian Partners GP, L.P., its general partner
By: Trian Partners General Partner, LLC, its general
partner
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS MASTER FUND, L.P.
By: Trian Partners GP, L.P., its general partner
By: Trian Partners General Partner, LLC, its general
partner
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS MASTER FUND (NON-ERISA), L.P.
By: Trian Partners GP, L.P., its general partner
By: Trian Partners General Partner, LLC, its general
partner
By: /s/ Edward P. Garden
-------------------------------------------------
[Signature Page of Amendment No. 8 of Schedule 13D -
Wendy's International, Inc.]
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS PARALLEL FUND I, L.P.
By: Trian Partners Parallel Fund I General Partner
LLC, its general partner
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS PARALLEL FUND I GENERAL PARTNER, LLC
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS PARALLEL FUND II, L.P.
By: Trian Partners Parallel Fund II GP, L.P., its
general partner
By: Trian Partners Parallel Fund II General Partner,
LLC, its general partner
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS PARALLEL FUND II GP, L.P.
By: Trian Partners Parallel Fund II General Partner,
LLC, its general partner
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
TRIAN PARTNERS PARALLEL FUND II GENERAL PARTNER, LLC
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
[Signature Page of Amendment No. 8 of Schedule 13D -
Wendy's International, Inc.]
TRIAN FUND MANAGEMENT, L.P.
By: Trian Fund Management GP, LLC, its general
partner
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
Trian Fund Management GP, LLC
By: /s/ Edward P. Garden
-------------------------------------------------
Name: Edward P. Garden
Title: Member
/s/ Nelson Peltz
----------------------------------------------------
NELSON PELTZ
/s/ Peter W. May
----------------------------------------------------
PETER W. MAY
/s/ Edward P. Garden
----------------------------------------------------
EDWARD P. GARDEN
[Signature Page of Amendment No. 8 of Schedule 13D -
Wendy's International, Inc.]
CASTLERIGG MASTER INVESTMENTS LTD.
BY: SANDELL ASSET MANAGEMENT CORP., its investment
manager
By: /s/ Thomas E. Sandell
-------------------------------------------------
Name: Thomas E. Sandell
Title: Chief Executive Officer
SANDELL ASSET MANAGEMENT CORP.
By: /s/ Thomas E. Sandell
-------------------------------------------------
Name: Thomas E. Sandell
Title: Chief Executive Officer
CASTLERIGG INTERNATIONAL LIMITED
BY: SANDELL ASSET MANAGEMENT CORP., its investment
manager
By: /s/ Thomas E. Sandell
-------------------------------------------------
Name: Thomas E. Sandell
Title: Chief Executive Officer
CASTLERIGG INTERNATIONAL HOLDINGS LIMITED
BY: SANDELL ASSET MANAGEMENT CORP., its investment
manager
By: /s/ Thomas E. Sandell
-------------------------------------------------
Name: Thomas E. Sandell
Title: Chief Executive Officer
/s/ Thomas E. Sandell
----------------------------------------------------
THOMAS E. SANDELL
[Signature Page of Amendment No. 8 of Schedule 13D -
Wendy's International, Inc.]
TRIARC COMPANIES, INC.
By: /s/ Francis T. McCarron
-------------------------------------------------
Name: Francis T. McCarron
Title: Executive Vice President and Chief
Financial Officer
Dated: August 27, 2007
[Signature Page of Amendment No. 8 of Schedule 13D -
Wendy's International, Inc.]