FOX Business(@FoxBusiness):Nelson Peltz's Trian Fund Management offered $1.4 billion to take Wendy's private. The $7.35-per-share bid represents a roughly 20% premium over the burger chain's valuation at Tuesday's close. The Trian-led group, which includes restaurant operator Flynn Group and investment firms BlueFive Capital and Sixth Street Partners, says the struggling chain needs years of turnaround work that's better done outside the public markets. Download the Fox News app or go to https://t.co/395gXsm8Ul for more. Full story here

2026.10.28 14:54

Nelson Peltz's Trian Fund Management offered $1.4 billion to take Wendy's private. The $7.35-per-share bid represents a roughly 20% premium over the burger chain's valuation at Tuesday's close. The Trian-led group, which includes restaurant operator Flynn Group and investment firms BlueFive Capital and Sixth Street Partners, says the struggling chain needs years of turnaround work that's better done outside the public markets. Download the Fox News app or go to for more. Full story here