https://www.live-feeds.com/feed/wendy-s-rejects-trian-s-1-4-billion-takeover-offerContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/wendy-s-rejects-trian-s-1-4-billion-takeover-offerhttps://www.live-feeds.com/feed/wendy-s-rejects-trian-s-1-4-billion-takeover-offer#u184864Sun, 08 Nov 2026 00:01:33 +0000Wendy's has rejected a $1.4 billion takeover proposal from Trian Fund Management, led by billionaire Nelson Peltz. The offer was deemed to 'substantially undervalue' the company. Wendy's independent committee unanimously rejected the $7.35-per-share cash offer. The company has also adopted a 'poison pill' plan to protect itself from a hostile takeover.Why it mattersThis development highlights the ongoing interest of activist investors in the fast-food industry. Trian Fund Management is known for its activist investing approach. The rejection of the offer suggests