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Nelson Peltz proposes $1.4 billion to acquire Wendy's

First for Money +2 · ·by G4L

WEN
WEN Wendy's Co
$8.18 -1.92%
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  1. 1Nelson Peltz's $1.4 billion acquisition proposal was delivered to Wendy's.
  2. 2The group's cash offer of $7.35 per share includes a premium of nearly 19% compared to Tuesday's closing price.
  3. 3Wendy's closed 240 restaurants in 2024.

So what's the key point?

Nelson Peltz has offered $1.4 billion to buy Wendy's. This price is 19 percent higher than the current stock price.

Source First for Money +2 · View original ↗

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