Urgent.News

What's breaking now, across thousands of outlets.

More in Business

Trian Fund Management offers to acquire Wendy’s for $1.4bn

Trian Fund Management has joined a group of investors in proposing a $1.4bn acquisition of Wendy’s, according to The Globe and Mail, in a potential take-private deal that could give the fast-food…

  • Trian Fund Management proposes $1.4bn acquisition of Wendy's.
  • Offer values Wendy's shares at $7.35 each in cash.
  • Independent committee to assess proposal, no transaction assurance.

More from Thursday 29 October →