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Wendy’s Shares Jump 15% on Report of About $1.4 Billion Trian Offer

Nelson Peltz’s Trian Fund Management is a longtime Wendy’s holder.

An unmarked fast-food restaurant glows before opening at dawn / TokenPost.ai
An unmarked fast-food restaurant glows before opening at dawn / TokenPost.ai

A report of an offer from Trian Fund Management to buy Wendy’s for about $1.4 billion was followed by a 15% rise in the fast-food chain’s shares in premarket trading Wednesday, Oct. 28.

Nelson Peltz’s Trian Fund Management is a longtime Wendy’s holder.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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