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Wendy's 13D Filing Shows Nelson Peltz Reports 16.23% Stake In Co. As Of Oct. 28; Trian Group Intends To Roll Over Shares It Beneficially Owns, In Relation To Proposed Wendy's Deal; Proposed Deal Would Provide All-Cash Consideration To Wendy's Shareholders, Funded By Trian Group; Submitted To Wendy's A Non-Binding Proposal For A Price Of $7.35 Per Share In Cash

Oct 28, 2026, 1:00 PMBenzinga Newsdesk

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Fiscal.aiOct 28, 2026, 9:32 PM
The Wendy's Company Confirms Receipt of Unsolicited Acquisition Proposal
The Wendy's Company has confirmed receipt of an unsolicited, non-binding proposal from an investor group led by Trian Fund Management to acquire all outstanding shares not already owned by the group for $7.35 per share in cash.
WEN
Fiscal.aiOct 27, 2026, 1:02 PM
UBS Adjusts Price Target on The Wendy's Company to $6.50
UBS analyst Dennis Geiger maintained a neutral rating on The Wendy's Company while lowering the price target from $8.00 to $6.50.
WEN
BenzingaOct 26, 2026, 6:56 PMBenzinga Newsdesk
UBS Maintains Neutral on Wendy's, Lowers Price Target to $6.5
WEN