Wendy's rejects takeover proposal from Nelson Peltz’s Trian

Wendy's rejected a $1.4 billion takeover proposal from Trian Fund Management, the investment firm led by Nelson Peltz. The company said the offer does not reflect the potential value from its turnaround strategy. Wendy's did not disclose the per-share price or other terms of the proposal.

• CNBC — Wendy's rejects takeover proposal from Nelson Peltz’s Trian

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