Wendy's has announced that it will sell its majority stake in Arby's to Roark Group, an Atlanta-based private equity group, for $430 million. Wendy’s will retain an 18.5% ownership of Arby’s, reports Forbes.
Cincinnati's Queen City Sausage is hosting its first-ever Queen City Sausage Festival, on July 15-17 at Newport's Riverfront Levee. The festival, with no admission charge, will feature a number of sausages, live music, games, rides and some of the city's favorite craft beers.
The American Meat Science Association has announced that Dan Schaefer is the recipient of the 2011 AMSA Meat Processing Award. Schaefer will be honored at a special reception and awards presentation at the AMSA 64th Reciprocal Meat Conference on Tuesday, June 21, 2011 in Manhattan, KS
Perkins & Marie Callender's Inc. has filed a voluntary petition for reorganization under chapter 11 of the U.S. Bankruptcy Code in order to implement financial restructuring.
U.S. pork and beef exports slowed slightly in April when compared to the all-time record highs of the previous month, but still performed well above last year’s pace.
Kim Son Food Co., an Oakland, Calif., establishment is recalling approximately 84,000 pounds of cooked beef and pork meatball products because of misbranding and an undeclared allergen.
State Line Agri, an Ansonia, Ind., pork producer, has paid $12,693 to the Indiana Department of Environmental Management to settle a complaint that his hogs' manure killed nearly 47,000 fish in 2008.
Dow Jones News has reported that Allen Family Foods Inc., a 92-year-old Seaford, Del., poultry company, has filed for Chapter 11 bankruptcy protection Thursday with plans to sell itself to rival Mountaire Farms of Delaware Inc.
The U.S. Food and Drug Administration announced that Alpharma, a subsidiary of Pfizer Inc., will voluntarily suspend U.S. sales of the animal drug 3-Nitro (Roxarsone), a product used by poultry producers since the 1940s.