Wendy’s rejected an offer from Nelson Peltz’s hedge fund Trian Fund Management to buy the fast-food chain for around $1.4 billion. The rebuffed offer came as Wendy’s reported lower third-quarter profit and revenue.
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Wendy’s rejected an offer from Nelson Peltz’s hedge fund Trian Fund Management to buy the fast-food chain for around $1.4 billion. The rebuffed offer came as Wendy’s reported lower third-quarter profit and revenue.