Wendy’s Stock Has Been Dropping. News That It Could Get Taken Private Has It on the Rebound

Wendy's shares rallied Tuesday following a report that longtime investor Nelson Peltz is in talks with other investors for a potential offer to take Wendy's private.

Wendy’s long-suffering stock gets a boost after reports that billionaire Nelson Peltz wants to take it private

The fast food chain is in the middle of a turnaround plan that includes closing hundreds stores, but the moves have not done ...
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Wendy’s stock jumps 13% as Nelson Peltz eyes potential take-private bid

Buy WEN. The stock is down ~45% YoY and just jumped ~13–14% on credible take-private financing talks led by Nelson Peltz/Trian (large holders, board ties). If a bid lands, downside is capped by deal ...