Wendy's Gets $1.4 Billion Buyout Offer from Peltz's Trian
Trian Fund Management offered $7.35 per share to take Wendy's private, valuing the chain at $1.4 billion amidst rising commodity costs and competitive pressures.
reuters · 2026-10-28 05:29
3 articles
Trian Fund Management offered $7.35 per share to take Wendy's private, valuing the chain at $1.4 billion amidst rising commodity costs and competitive pressures.
Trian Fund Management confirmed it has no immediate plans to launch a take-private bid for Wendy's, causing shares to tumble. The decision follows concerns over Wendy's declining sales and quality iss
Wendy's has appointed Robert Wright as its new president and CEO, effective May 21, succeeding interim leader Kenneth Cook. The leadership change follows reports that activist investor Nelson Peltz's