Wendy's (WEN) Gains as Peltz' Trian to Explore Transaction

May 24, 2022 5:10 PM EDT

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Wendy's (NASDAQ: WEN) gains as Nelson Peltz' Trian said that on May 24, 2022, it advised the Board that they intend to explore and evaluate the possibility of the Filing Persons’ (or one or more of their affiliates’) participating, alone or with third parties, in a potential transaction with respect to the Company to enhance shareholder value.

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