Wendy’s Turns Down $1.4 Billion Buyout and Adopts a ‘Poison Pill’ Defense to Block a Takeover

Newspreneurs.com brief · 1h ago · 1 min read · via entrepreneur.com

The chain rejected activist investor Nelson Peltz's offer, saying it “substantially undervalues” the company.

The chain rejected activist investor Nelson Peltz's offer, saying it “substantially undervalues” the company. This story matters for Business & Startups readers tracking business. Reported by entrepreneur.com. Read the full original at the source link below.

Originally reported by entrepreneur.com. Newspreneurs.com curates and briefs the business & startups stories that matter. Our editorial policy →
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