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Wajeeh Khan

Nelson Peltz Reportedly Wants to Take Wendy's Private. What That Means for WEN Stock.

WEN Nelson Peltz Wendys Barchart Trian United States

Wendy’s (WEN) shares charged higher on Tuesday following reports that activist investor Nelson Peltz is exploring a bid to take the burger giant private. 

According to the Financial Times, Peltz’s activist firm Trian Fund Management is seeking backing from outside investors, including sovereign wealth funds in the Middle East. 

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