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New York Post
New York Post
US · 7 mins ago
78◉ Centre
Wendy’s shares soar 14% on report investor Nelson Peltz seeks funding to take struggling chain private
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Accuracy 78/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline

Wendy's stock rose 14% following reports that investor Nelson Peltz is seeking financing to take the fast-food chain private, building on his February comments about the stock being undervalued and his talks with potential financing sources.

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Wendy’s shares soar 14% on report investor Nelson Peltz seeks funding to take struggling chain private
In February, he said Wendy's stock was undervalued, and that he had spoken with possible financing sources about possible deals, including an acquisition or other major transactions.
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