https://www.live-feeds.com/feed/wendy-s-rejects-takeover-proposal-from-nelson-peltz-s-trianContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/wendy-s-rejects-takeover-proposal-from-nelson-peltz-s-trianhttps://www.live-feeds.com/feed/wendy-s-rejects-takeover-proposal-from-nelson-peltz-s-trian#u184800Sat, 07 Nov 2026 23:23:29 +0000Wendy's has rejected a $1.4 billion takeover proposal from Trian Fund Management, led by activist investor Nelson Peltz. The company believes the $7.35-per-share cash offer 'substantially undervalues' the company and does not reflect potential gains from its turnaround strategy. Wendy's has also adopted a shareholder rights plan, or 'poison pill,' to protect itself from a hostile takeover.Why it mattersThe rejection of the takeover proposal is significant as it indicates Wendy's confidence in its current strategy and growth prospects. Nelson Peltz's Tria