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

Nelson Peltz’s Trian Fund Management offered to buy out Wendy’s Co. for about $1.4 billion, saying the burger chain will be better off attempting a multiyear turnaround bid as a private company.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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