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Wendy's stock jumps on report of potential takeover bid from Nelson Peltz's Trian Fund Management

Peltz's relationship with Wendy's dates back to an activist campaign he led more than two decades ago.

Published by CNBC

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Exterior of a Wendy's restaurant with the logo visible on the side.
Exterior of a Wendy's restaurant with the logo visible on the side. AI-written description This image does not appear to show the event — The image shows the exterior of a Wendy's restaurant, which is a general depiction of the company, not the specific event of a potential takeover bid.
What might happen next? AI-generated

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