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.

Detected & updated continuously · Source: Nebula

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Trian Fund ManagementWendy's Company (The)Reuters

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