Group Offers $200 Million for Arby’s: A...

Group Offers $200 Million for Arby’s: A group of eight franchisees said it has offered more than $200 million in cash to buy the Arby’s fast-food chain from DWG Corp., the holding company controlled by industrialist Victor Posner. The group, calling itself R. B. Partners Ltd., said it made the offer Aug. 1 in a letter to Posner, who has so far not responded to the proposal. In a letter to fellow franchisees, the group said Posner’s legal and financial problems could threaten the future of Atlanta-based Arby’s. Posner pleaded no contest in 1987 to federal income tax evasion and was sentenced last year to five years probation. DWG, a Miami-based holding company, controls Arby’s Inc., the marketing, franchising and service company for the 2,100-store Arby’s restaurant chain.