A 64-Year-Old Who Bought 10,000 Wendy's Shares at $9 for the Dividend Just Watched the Board Turn Down $7.35 a Share. Here Is What the Rejection Costs Her, and How to Tell Whether Nelson Peltz Comes Back for Your Shares.
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Summary
Wendy’s turned down $7.35 a share on Thursday. The independent committee of its board rejected a $1.4 billion cash offer from a group led by Nelson …
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