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Peltz’s Trian Offers $1.4 Billion to Take Wendy’s Private

· bloomberg.com · popularity 40/100 · 1 similar story today

Read the original at bloomberg.com →

Summary

Nelson Peltz’s Trian Fund Management offered to buy out Wendy’s Co. for about $1.4 billion, saying the burger chain will be better off attempting a multiyear turnaround bid as a private company.

Found in: Bloomberg Markets. Rating basis: 1 other outlets; outlet tier 5; 1 feeds; feed position 17.

Same story elsewhere today

  1. Nelson Peltz’s Trian Offers to Buy Wendy’s for $1.4 Billionwsj.com