Wendy's Rejects $1.4B Takeover Bid from Trian Partners

• Wendy's rejected a $1.4 billion takeover proposal from Trian Partners.
• The company believes its turnaround strategy has potential for greater gains.
• Trian Partners, led by Nelson Peltz, made the bid.
• Wendy's is focused on its own plan to revive sales and growth.
• The decision was based on the company's assessment of its future potential.