Fifteen Toledo-area Wendy's restaurants have been sold by their franchise owner to Meritage Hospitality Group Inc. of Grand Rapids, Mich., a publicly traded restaurant company that owns 167 quick-service and fast-casual restaurants from Michigan to Florida. Al Pruitt, president of the Wendy's operations for Meritage, said it bought the metro Toledo restaurants from Wend Partners of Cortland, N.Y. A purchase price was not disclosed, although Meritage said the acquisition will add about $19 million in sales to its annual revenues.
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