TOKENPOST
1 min read
Add as a preferred source on Google

Blackwells Says It Will Fight Trian-Led $1.4 Billion Wendy’s Bid

The Wendy’s shareholder said it plans to use every available option to block the proposed purchase.

By John Kim
Published
Two hands press opposite edges of a wrapped burger on a counter / TokenPost.ai
Two hands press opposite edges of a wrapped burger on a counter / TokenPost.ai

Blackwells, a Wendy’s shareholder, said it plans to use all available options to block a proposed acquisition of the fast-food chain by a Trian-led consortium. The deal is valued at about $1.4 billion.

Nelson Peltz’s Trian Fund Management is leading the group seeking to buy Wendy’s.

John Kim

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

Loading…