The Atlanta Journal-Constitution
31นาทีที่ผ่านมา
The struggling burger chain Wendy's gets a buyout offer from activist investor Nelson Peltz
Shares of Wendy’s are 15% at the opening bell after noted investor Nelson Peltz made an offer to buy the struggling burger chain. Wendy’s shares are down 25% in the past year following a years-long decline. The chain, founded in 1969 by Dave Thomas and named after his daughter, is known for its square burgers and Frosty desserts. But same-store sales, or sales at restaurants open at least a year, have declined for 10 straight quarters. Peltz’s Trian Fund Management and several partners on Wednes