finance.yahoo.com Market update
Wendy's Traders Smell a Buyout Cooking — Nelson Peltz Preps a Bid
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shares of Wendy's Co. jumped Wednesday after the Financial Times reported that activist investor Nelson Peltz is laying groundwork for a bid to take the fast-food chain private. According to the report, Peltz's Trian Fund Management is assembling a consortium that …