UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC 20549

                                 FORM 8-K

                             CURRENT REPORT
      Pursuant To Section 13 or 15 (d) of the Securities Exchange Act of 1934

           Date of Report (Date of earliest event reported): August 16, 2007


                           TRIARC COMPANIES, INC.
             --------------------------------------------------
             (Exact name of registrant as specified in its charter)


             DELAWARE                 1-2207                 38-0471180
             ---------------          -------------------    ----------------
            (State or Other           (Commission            (I.R.S. Employer
            Jurisdiction of            File Number)          Identification No.)
            Incorporation)

 280 Park Avenue
 New York, NY                                                10017
 -------------------------------------------------------------------------------
  (Address of principal executive offices)                   (Zip Code)

        Registrant's telephone number, including area code:   (212) 451-3000

                                       N/A
-------------------------------------------------------------------------------
           (Former Name or Former Address, if Changed Since Last Report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]   Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)

[ ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[ ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))





Item 7.01.        Regulation FD Disclosure.

     Furnished  as Exhibit  99.1 to this  Current  Report on Form 8-K is a press
release issued by Triarc  Companies,  Inc. (the "Company")  pursuant to which it
provided  an update on the sale of its  controlling  interest in  Deerfield  and
Company LLC.

     The  information in this Current Report on Form 8-K,  including the exhibit
furnished pursuant to Item 9.01, shall not be deemed "filed" for the purposes of
Section 18 of the  Securities  Exchange Act of 1934 or otherwise  subject to the
liabilities  under that Section.  Furthermore,  the  information in this Current
Report on Form 8-K, including the exhibit furnished pursuant to Item 9.01, shall
not be deemed to be  incorporated  by reference  into the filings of the Company
under the Securities Act of 1933.

Item 9.01.        Financial Statements and Exhibits.

(d)      Exhibits

99.1     Press release of Triarc Companies, Inc. dated August 16, 2007.


                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                   TRIARC COMPANIES, INC.


                                   By: /s/STUART I. ROSEN
                                       ----------------------------------------
                                       Stuart I. Rosen
                                       Senior Vice President
                                         and Assistant Secretary

Dated:   August 16, 2007










                                  EXHIBIT INDEX

Exhibit                   Description

99.1     Press release of Triarc Companies, Inc. dated August 16, 2007.