Wendy's Investor Blackwells Capital Opposes Trian’s $7.35/Share Takeover Bid, Citing Undervaluation And Governance Concerns
Blackwells Capital LLC ("Blackwells"), a shareholder of Wendy’s (NASDAQ:WEN), issued the following statement regarding the proposal filed this morning by Trian Fund Management, L.P., Nelson Peltz, Peter May and
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Why It Matters
One investor thinks Wendy's offer from Trian is too cheap. They worry the company isn't being run as well as it could be.
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