Trian Fund Discusses Potential Transactions with Wendy's Stake
Nelson Peltz's Trian Fund Management, which owns a 16.24% stake in Wendy's, representing over 30.9M shares, disclosed in a regulatory filing that it has spoken with potential financing sources, potential co-investors and certain potential strategic partners regarding potential transactions "in which such parties could participate that may benefit the Company's shareholders." Shares of Wendy's are up 9% to $7.65 in morning trading.
