Nelson Peltz makes $1.4 billion acquisition proposal for Wendy's
WEN Wendy's Co
$8.18 -1.92%
View chart & analysis → - 1Nelson Peltz of Trian Partners has presented a $1.4 billion acquisition proposal to Wendy's.
- 2Wendy's stock recorded a 15% increase during pre-market trading.
- 3Meritage Hospitality Group filed for bankruptcy protection in September.
So what's the key point?
Nelson Peltz proposed to buy Wendy's for $1.4 billion. Following this news, Wendy's stock rose by 15%.
Source WSJ +15 · View original ↗
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