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
2 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