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Wendy's Shares Jump On $1.4 Bln Takeover Offer From Trian Group, Affiliates
Source: Nasdaq
M&A & RestructuringCompany Fundamentals
Wendy’s disclosed in an SEC filing that it received a $1.4 billion all-cash takeover offer from a group led by Trian Fund Management, Nelson Peltz and Greg Flynn. The offer is $7.35 per share; the provided article text does not state whether Wendy’s accepted it.
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mildly positive
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More News
- Wendy's shares jump 15% as Nelson Peltz's Trian offers $1.4 billion to buy burger chain
- Peltz’s Trian Offers $1.4 Billion for Wendy’s, WSJ Reports
- Nelson Peltz-led group offers to buy Wendy's for $1.4B
- Wendy’s gets $1.4 billion take-private offer from Peltz-led group
- Nelson Peltz's Group Proposes $7.35 a Share for a Burger Chain the Same Week He Joins a Hockey Company's Board
- There's an Offer on the Table for Wendy's at a ‘Crucial' Moment
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