Burger King launches counteroffensive as McDonald's restarts low-price strategy; Wendy's (WEN.US) rejects $1.4 billion acquisition offer, with the board stating the offer seriously undervalues the company
智通财经2026/11/05 13:52Show original
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According to Zhitong Finance APP, the board of directors of Wendy's (WEN.US) unanimously rejected a takeover offer from a consortium led by Nelson Peltz's Trian Fund Management, which proposed to acquire the burger chain for approximately $1.4 billion. The board stated that the proposal significantly undervalues the company's prospects and long-term profit potential.
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