Nelson Peltz offers $3.8 billion for Wendy's to take it private
Trian Fund Management, the fund of activist investor Nelson Peltz, and several partners submitted an offer to buy U.S. burger chain Wendy's for about $3.8 billion, including debt, aiming to take it off the stock market. The offer values shares at $7.35, equal to $1.4 billion in cash and a 20% premium to Tuesday's close, plus $2.4 billion in net debt. Flynn Group, BlueFive Capital and Sixth Street Partners are taking part.
In 35 seconds
- Trian, Wendy's largest shareholder with 16%, leads the offer alongside Flynn Group, BlueFive Capital and Sixth Street Partners.
- The offer values each share at $7.35, a 20% premium to Tuesday's close.
- The cash price is $1.4 billion and $2.4 billion in net debt is added, bringing the deal to $3.8 billion.
IASummary generated by artificial intelligence from a story by Expansión. It may contain errors: the original source prevails.




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