Finance10 sources
Wendy's receives $1.4 billion buyout offer from Nelson Peltz's Trian
- Nelson Peltz's Trian Fund Management offered to buy Wendy's for $1.4 billion.
- Wendy's shares have declined by 25% over the past year.
- The offer aims to take Wendy's private to facilitate a multiyear turnaround.
- This is the latest in Trian's longstanding involvement with Wendy's.
- Wendy's has faced challenges as dining out has decreased.
Articles (10)
CNBC·
Wendy's shares jump 15% as Nelson Peltz's Trian offers $1.4 billion to buy burger chain
The Independent·
Wendy's receives buyout offer from investor who says struggling chain is at 'critical juncture'
Financial Times·
Peltz’s Trian makes $3.8bn take-private offer for fast-food chain Wendy’s
WFAA Dallas·
Wendy's could have a new owner | Here's who's trying to buy the burger chain
KING 5 Seattle·
Wendy's could have a new owner | Here's who's trying to buy the burger chain
KHOU Houston·
Wendy's could have a new owner | Here's who's trying to buy the burger chain
The Wall Street Journal·
Exclusive | Nelson Peltz’s Trian Offers to Buy Wendy’s for $1.4 Billion
Barron's·
Trian Says It Can Revive Wendy’s. Nelson Peltz Offers $1.4 Billion for the Fast-Food Chain.
Bloomberg·
Peltz’s Trian Offers $1.4 Billion to Take Wendy’s Private
Yahoo Finance·
Billionaire investor Nelson Peltz makes move to buy struggling Wendy's