Business

Nelson Peltz-led group offers to buy Wendy’s for $1.4B

Fox Business·Oct 28, 2026 · 9:35 AM CT
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Nelson Peltz's Trian Fund Management is leading a group offering to buy Wendy's for about $1.4 billion, or $7.35 a share in cash, which would take the burger chain private. The bid is roughly a 20% premium to Wendy's $1.2 billion market value at Tuesday's close, and Trian says the struggling chain needs years of capital investment to turn around.

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at Fox Business.

Read the original at Fox Business

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