Shares soar nearly 15%! Activist investor Peltz plans to take Wendy's (WEN.US) private in a $1.4 billion deal.
Zhitong Finance APP has learned that an investor consortium led by Trian Fund Management, the firm of activist investor Nelson Peltz, has proposed to acquire the major U.S. fast-food chain Wendy's (WEN.US) for approximately $1.4 billion, with plans to take the hamburger chain, which is mired in operational difficulties, private.
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