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Wendy's Stock Soars 12% As Billionaire Investor Nelson Peltz Reportedly Plots Take-Private Deal
Posted
August 12, 2026
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2:55Now PlayingShares of Wendy's soared on Wednesday after the Financial Times reported Nelson Peltz's Trian Fund Management could lead a bid to take the restaurant chain private within a matter of weeks, a move that would hand the activist investor full control of a fast food giant with roughly 7,000 locations.
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