Wendy's stock is soaring on a $1.4 billion buyout offer from famed activist investor Nelson Peltz

Wendy's stock surged on an offer to take the burger chain private from Trian Fund Management. Rumors of a bid had sent the stock soaring earlier this year.
QSR magazine

Nelson Peltz’s Trian Offers $1.4 Billion to Take Wendy’s Private

Nelson Peltz’s Trian Fund Management is making another move to take Wendy’s private, joining an investor group proposing a ...