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Trian Fund Management offers to buy Wendy’s for $1.4 billion, WSJ reports

Jenna Larson
Jenna Larson
Jenna Larson
Bureau Chief · Fargo, ND

Jenna Larson has been reporting on the Fargo region for over 15 years. She graduated from North Dakota State University and began her career at The Forum of Fargo-Moorhead before joining the Bison Current network. Jenna's focus is on community events, local initiatives, and the stories that make Fargo unique.

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Bureau Chief · Wednesday, October 28, 2026 at 12:29 PM · 1 min read
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Trian Fund Management offers to buy Wendy’s for $1.4 billion, WSJ reports — Fargo Community news

Oct 28 (Reuters) – Nelson Peltz’s Trian Fund Management ​offered to ‌take over burger chain Wendy’s for $1.4 billion, the ‌Wall ​Street Journal ⁠said on ⁠Wednesday, citing people familiar with the matter.Trian is ​leading a group that ⁠has offered ⁠to pay $7.35 ​a share in ​cash to take Wendy’s ‌private, the report said.Wendy’s and Trian did ⁠not immediately respond to Reuters requests for ⁠comment.Shares ‌of Wendy’s ⁠jumped about ​15% ‌to $7.05 premarket ​following the ⁠report.(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Devika ​Syamnath)

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