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Trian offers $1.4B to take Wendy's private

1 reports1 report sources2 hours agoUpdate

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Nelson Peltz's Trian Fund Management has offered to take Wendy's private for $1.4 billion, Fortune Term Sheet reports. The offer makes the burger chain a takeover target after a stretch in which it has lost ground in the burger wars, according to the report. The report gives no terms beyond the $1.4 billion figure, and no response from Wendy's or its board is stated.

AI-generated from reports · 57 minutes agoUpdate

Latest updatesNov 1 16:00
Why Wendy's Is Losing the Burger Wars and Is Now a Takeover Target for Nelson Peltz

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Nov 1
  1. Fortune Term Sheet
    Why Wendy's Is Losing the Burger Wars and Is Now a Takeover Target for Nelson Peltz

    Nelson Peltz's Trian Fund Management has offered to take Wendy's private for $1.4 billion.

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