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The struggling burger chain Wendy’s gets a buyout offer from activist investor Nelson Peltz
THE ASSOCIATED PRESS ^ | October 28, 2026

Posted on 10/28/2026 7:54:57 AM PDT by ConservativeStatement

Shares of Wendy’s jumped 15% at the opening bell Wednesday after noted investor Nelson Peltz made an offer to buy the struggling burger chain.

Wendy’s shares are down 25% in the past year following a years-long decline. The chain, founded in 1969 by Dave Thomas and named after his daughter, is known for its square burgers and Frosty desserts. But same-store sales, or sales at restaurants open at least a year, have declined for more than two years. Those sales fell during the first two quarters of 2026.

Peltz’s Trian Fund Management and several partners are offering Wendy’s $7.35 per share in cash, or a premium of nearly 19% over the stock’s closing price on Tuesday.

(Excerpt) Read more at apnews.com ...


TOPICS: Business/Economy
KEYWORDS: peltz; wendys

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1 posted on 10/28/2026 7:54:57 AM PDT by ConservativeStatement
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To: ConservativeStatement

Great, another restaurant that is just part of some larger venture capital portfolio.


2 posted on 10/28/2026 7:56:52 AM PDT by dfwgator ("I am Charlie Kirk!")
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To: ConservativeStatement
Peltz’s Trian Fund Management and several partners

I bet Wendy's ceases to exist in 5 years, following an abrupt decline in quality.

3 posted on 10/28/2026 7:56:54 AM PDT by NorthMountain (... the right of the people to keep and bear arms shall not be infringed)
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To: ConservativeStatement

Wendy’s was once a great place to eat. The juice from the burgers ran down your arm and onto your fries.

But that had all changed.

People don’t want to eat their dry as cardboard burgers.................


4 posted on 10/28/2026 7:57:22 AM PDT by Red Badger (Iryna Zarutska, May 22, 2002 Kyiv, Ukraine – August 22, 2025 Charlotte, North Carolina Say her name)
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To: dfwgator

MAYBE THEY CAN FIGURE OUT HOW TO MAKE $20 AN HOUR “SERVERS” ACTUALLY WORK.


5 posted on 10/28/2026 8:00:15 AM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: dfwgator
Great, another restaurant that is just part of some larger venture capital portfolio.

Pizza Hut also got sold off by Yum! (except in China) to one of those.
6 posted on 10/28/2026 8:00:56 AM PDT by Dr. Sivana ("Whatsoever he shall say to you, do ye." (John 2:5))
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To: Red Badger

I know what you mean. I do not eat much fast food. But my cheat day was always Wendy’s. It sucks now.


7 posted on 10/28/2026 8:01:09 AM PDT by Hyman Roth
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To: NorthMountain

They ruined Whataburger, here in Texas.


8 posted on 10/28/2026 8:01:38 AM PDT by dfwgator ("I am Charlie Kirk!")
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To: Hyman Roth

We have a local burger place here that still serves those juicy types of burgers. No inside seating, drive-thru only and the line is always down the street............


9 posted on 10/28/2026 8:03:30 AM PDT by Red Badger (Iryna Zarutska, May 22, 2002 Kyiv, Ukraine – August 22, 2025 Charlotte, North Carolina Say her name)
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To: Red Badger

I always enjoyed their chili on road trips. No overeating.


10 posted on 10/28/2026 8:07:56 AM PDT by DIRTYSECRET
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To: ConservativeStatement

Nelson Peltz buying out Wendy’s? Where have I heard of this before?

https://aabri.com/JBCA-Articles/2009-Thies-Wendys.pdf


11 posted on 10/28/2026 8:08:30 AM PDT by Redmen4ever
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To: ConservativeStatement

In Ohio

MCDs I can’t eat anymore the burgers do something to my stomach, I think it’s filler, but who knows. I can still do breakfast.

Burger King/Wendys - I can stomach, but they aren’t as good as they used to be.

Steak & Shake and Shake Shack are ok - but depends on location.

Dairy Queen I’ve found to be very good and still has good value, good service and is clean, at least my location.

Current favorite is 5 Guys - good volume, fries are tasty. a bit on the expensive side though.

(Any other Midwesterners remember Burger Chef? may have been a localized Hoosier thing growing up)


12 posted on 10/28/2026 8:09:45 AM PDT by reed13k ( )
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To: Hyman Roth

I haven’t eaten at Wendys in years but at one time it was the best fast food joint. Now I can’t think of any reason to go there.


13 posted on 10/28/2026 8:11:07 AM PDT by bigbob (We are all Charlie Kirk now)
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To: All

Wendy's

14 posted on 10/28/2026 8:11:24 AM PDT by Liz (“The heavens declare the glory of God; the skies the work of His hands. " (Psalm 19:1))
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To: ConservativeStatement

Its gotten too expensive. $6 for a 4 ounce patty?


15 posted on 10/28/2026 8:12:28 AM PDT by tlozo (“Russia war-Either money today or blood tomorrow," Polish Prime Minister Donald Tusk)
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To: DIRTYSECRET

We still get Wendy’s Chili in the winter. Their place is just a mile from the house. We used to have 3 Wendy’s in town, but now only one. All 4 of our Burger Kings closed last year. ........


16 posted on 10/28/2026 8:13:04 AM PDT by Red Badger (Iryna Zarutska, May 22, 2002 Kyiv, Ukraine – August 22, 2025 Charlotte, North Carolina Say her name)
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To: Red Badger

I never liked Whimpys boiled burgers. However, it seems most fastfood has slimmed down their burgers to an 8th inch thick so that all you can taste are the veggies and condiment sauce; even as they double or triple the price for a meal.
It’s all gone to hell in a handbasket.


17 posted on 10/28/2026 8:14:43 AM PDT by PrairieLady2 (USA: Land of the free, Because of the Brave.)
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To: Red Badger

I had Wendy’s burgers probably for the first time in a year just two nights ago and you’re exactly right. They were DRY.


18 posted on 10/28/2026 8:18:56 AM PDT by Phoenix8
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To: Red Badger

If you think Wendy’s burgers are bad, try McDonalds. Their burgers look like they’ve been wadded up in the glove compartment of a car for a few days.


19 posted on 10/28/2026 8:21:09 AM PDT by MachIV
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To: PrairieLady2

Yes and they cannot see why their business is failing. People will pay good money for good food.

Wendy’s apparently forgot that rule...............


20 posted on 10/28/2026 8:21:33 AM PDT by Red Badger (Iryna Zarutska, May 22, 2002 Kyiv, Ukraine – August 22, 2025 Charlotte, North Carolina Say her name)
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