EconomyWendy’s rejects Trian-led $1.4 billion buyout offer, adopts ‘poison pill’ plan

Wendy’s said Thursday it rejected a $1.4 billion offer to take the company private from activist investor Nelson Peltz’s Trian Fund Management and its partners. It also adopted a “poison pill” plan to fend off pressure from one of its largest shareholders.

Wendy’sbuyout offerpoison pill

RReuters★★☆☆☆2026-11-05 13:45Original