Trian, led by Nelson Peltz, currently has no intention of bidding for Wendy’s, according to sources.
Sources close to the situation have informed Reuters that Nelson Peltz’s Trian Fund Management is not planning to pursue a take-private bid for Wendy’s at the moment. This update follows earlier reports suggesting that the investment firm, which owns approximately 16% of Wendy’s shares, was working on a bid in collaboration with a group of […]