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Wendy's rejected a $1.4 billion takeover offer as its stock rose 37% in 11 trading days

Published by Quartz · United States 35 min ago

Wendy's rejected a $1.4 billion takeover offer as its stock rose 37% in 11 trading days — Quartz

Detailed summary

Trian-led investor group offered $7.35 a share in cash, and the company adopted a one-year poison pill

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