Wendy's rejects $1.4 billion takeover proposal from Nelson Peltz’s Trian

Headline from CNBC · First reported Nov 5, 9:41 AM ET (1h ago) · Updated Nov 5, 10:08 AM ET · 3 sources, 3 articles

What's being reported

Wendy's said the $1.4 billion takeover proposal does not reflect potential gains from the burger chain's turnaround strategy.

Summary from CNBC. Read every outlet's version below.

Same story, different headlines

Left · BloombergWendy’s Rejects Takeover Bid From Peltz's TrianRight · CBS NewsWendy's rejects $1.4 billion hostile takeover bid

Left1

BloombergLeft-CenterMostly Factual·Nov 5, 9:41 AM ET

Wendy’s Rejects Takeover Bid From Peltz's Trian

Wendy’s Co. board unanimously rejected an offer from a group led by Nelson Peltz’s Trian Fund Management to buy out the burger chain for about $1.4 billion, saying the proposal substantially undervalues the company’s prospects and long-term earnings potential. Craig Trudell has more on "Bloomberg…

Center1

CNBCLeast BiasedHigh·Nov 5, 10:08 AM ET

Wendy's rejects $1.4 billion takeover proposal from Nelson Peltz’s Trian

Wendy's said the $1.4 billion takeover proposal does not reflect potential gains from the burger chain's turnaround strategy.

Right1

CBS NewsRight-CenterMostly Factual·Nov 5, 9:56 AM ET

Wendy's rejects $1.4 billion hostile takeover bid

Wendy's rebuffs unsolicited offer from Trian Partners, led by activist investor Nelson Peltz, and another group of investment firms.

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