Wendy's shares rise on report investor Nelson Peltz preparing bid for co

Wendy's

12/08/2026 16:39

** Shares of U.S. burger chain Wendy's WEN.O rise about 15% to $8.7
** Nelson Peltz's Trian Fund Management seeks to take  Wendy's private with backing from a consortium, a Reuters report says, quoting a source 
** Source says consortium includes Bugatti-backer BlueFive Capital and Flynn Group
** A bid can be submitted in the coming weeks, source says    
** Earlier this month, Wendy's missed Q2 adjusted revenue estimates driven by lower US same-restaurant sales and withdrew FY 2026 outlook    
** As of last close, stock has fallen 9.36% 

 (Reporting by Angela Christy in Bengaluru)
 ((AngelaChristy.M@thomsonreuters.com;))