Wendy's Flips 54 Salt Lake City Restaurants To NPC Unit

Law360, New York (November 20, 2013, 6:10 PM EST) -- Wendy's Co. will sell 54 restaurants in the Salt Lake City market to a subsidiary of NPC International Inc. as part of a larger plan to restructure the fast food chain by selling company-owned restaurants in 13 markets to franchisees, it said Wednesday.

The financial terms of Wednesday's deal were not disclosed.

NPC International subsidiary NPC Quality Burgers Inc. already operates 37 Wendy's locations in two states. The purchase of the additional 54 stores comes with plans to re-image an unspecified number of locations with Wendy's...
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