Nelson Peltz's Trian is seeking outside investors to fund a Wendy's buyout |
Nelson Peltz's Trian is seeking outside investors to fund a Wendy's buyout
The activist investor firm, which already holds about 16% of Wendy's, has held talks with potential backers including investors in the Middle East
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Nelson Peltz's Trian Fund Management has been holding discussions with outside investors, including in the Middle East, about funding a potential bid to take Wendy's $WEN private, according to the Financial Times. No formal offer has been made.
Trian and Nelson Peltz together hold about 16% of Wendy's, which carries a market capitalization of $1.3 billion. In a February........