The Wendy's Company Confirms Receipt of Unsolicited Proposal from Trian Partners
PR Newswire•28/10/2026•14:44 ET
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Key Highlights
- ➤Investor Group proposes acquiring Wendy’s (WEN) for $7.35 per share in cash
- ➤Wendy’s formed an independent committee to evaluate the unsolicited proposal
- ➤No assurance exists that Wendy’s will pursue or consummate a transaction
- ➤Wendy’s will detail its strategic plan and financial results on November 5
The Wendy's Company Confirms Receipt of Unsolicited Proposal from Trian Partners PR Newswire
DUBLIN, Ohio, Oct. 28, 2026 /PRNewswire/ -- The Wendy's Company (Nasdaq: WEN) ("Wendy's" or the "Company") today confirmed that it received an unsolicited, non-binding proposal from Trian Fund Management, L.P. ("Trian Partners"), Flynn Group LP, BlueFive Capital and Sixth Street Partners (the "Investor Group") to acquire all of the outstanding shares of common stock of Wendy's not currently owned by the Investor Group for $7.35 per share in cash (the "Proposal").
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