Reported Politics · Dublin, OH
Wendy's rejects buyout bid and girds itself for a hostile takeover campaign
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SourcesOne report so far
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News KSL
Wendy's rejects buyout bid and girds itself for a hostile takeover campaign
From KSL: Wendy's rejected a $1.4 billion buyout offer from activist investor Nelson Peltz on Thursday.The board also adopted a poison pill plan to prevent a hostile takeover attempt.CEO Bob Wright emphasized Wendy's turnaround plan, "Dave's Way,"…
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