Investor Nelson Peltz launches bid to buy Wendy's at $7.35 per share

FinanceInternationalLos Angeles TimesOct 28, 2026, 10:36 PM35 s readAI summary

Wendy's shares rose 15% on Wednesday after investor Nelson Peltz made an offer to buy the burger chain. Trian Fund Management, his firm, and several partners are offering $7.35 per share in cash, a premium of nearly 19% over Tuesday's closing price. Trian holds 16.3% of Wendy's, whose same-store sales have declined for more than two years. The company declined to comment and will report results next week.

In 35 seconds

Trian Fund Management and partners offer $7.35 per share in cash, a premium of nearly 19% over Tuesday's close.
Wendy's shares rose 15% on Wednesday to close at $7.05, after falling 25% over the past year.
Nelson Peltz's Trian holds a 16.3% stake in the chain.

Read the full story at Los Angeles Times

IASummary generated by artificial intelligence from a story by Los Angeles Times. It may contain errors: the original source prevails.

Wendy's
Nelson Peltz
Trian
adquisiciones
restaurantes

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Investor Nelson Peltz launches bid to buy Wendy's at $7.35 per share

In 35 seconds

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