Wendy’s board has publicly turned down a $1.4 billion takeover bid from billionaire Nelson Peltz’s investment firm Trian, calling the offer substantially undervalued and adopting a poison pill defence against it.
Wendy’s rejects Peltz’s $1.4 billion buyout offer as undervaluing the chain
Wendy’s board has publicly turned down a $1.4 billion takeover bid from billionaire Nelson Peltz’s investment firm Trian, calling the offer substantially undervalued and adopting a poison pill defence against it.
This item was produced with AI assistance under the editorial responsibility of Haydamax OÜ.
Monitoring item. The full text is not distributed. Extract and source below.