https://www.live-feeds.com/feed/wendy-s-rejects-buyout-bid-and-girds-itself-for-a-hostile-takeover-campaignContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/wendy-s-rejects-buyout-bid-and-girds-itself-for-a-hostile-takeover-campaignhttps://www.live-feeds.com/feed/wendy-s-rejects-buyout-bid-and-girds-itself-for-a-hostile-takeover-campaign#u189324Mon, 09 Nov 2026 23:25:49 +0000Wendy's has rejected a $1.4 billion takeover proposal from activist investor Nelson Peltz's Trian, saying the bid 'substantially undervalues' the company. The board has adopted a 'poison pill' plan to prevent a hostile takeover. This move suggests that Wendy's is preparing for a potential prolonged battle with Trian.Why it mattersThe rejected bid was for $7.35 per share. Wendy's has a history of resisting takeover attempts, and this move may indicate that the company is confident in its current strategy and leadership. The fast-food industry has seen inc