No I can't imagine he'd be happy about it either. It's always odd to me when I company I view as smaller (Arby's) buys one that's larger (Wendy's), but the article explains that it's actually the parent company which owns a stake in several other chains.
I used to like Arby's when I was younger but kinda outgrew it recently. There's one about 5 minutes from my house and I've never even been to it.