Trian Fund Management says it has no plans for Wendy's takeover bid
Trian Fund Management, a significant shareholder in Wendy's, has no current plans to make a take-private bid for the fast-food chain, according to sources cited by Reuters. Wendy's stock fell 14.6% in after-hours trading following the disclosure.
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@PiQMarkets
Trian Fund Management Not Planning Wendy's Takeover Bid Now Trian Fund Management, a significant shareholder in Wendy's, currently has no plans for a take-private bid for the fast-food chain, sources told Reuters. The firm has expressed concerns about Wendy's performance and
@PeloSwing
Trian has no plans to make bid for Wendy's right now, sources say $WEN down 14.6% in After hours https://t.co/IfF9wHmqaO