business
Wendy's has a billionaire circling its ailing business
Key takeaways
- The news: Nelson Peltz’s Trian Fund Management is on the hunt for an investor consortium to take Wendy’s private, according to a new report from the Financial Times on Tuesday.
- A spokesperson for billionaire Peltz, who is 83, declined to comment to Yahoo Finance.
- The news of Peltz’s interest shouldn’t come as a complete shocker.
Wendy's has a billionaire circling its ailing business Brian Sozzi · Executive Editor Tue, May 12, 2026 at 7:28 PM GMT+7 4 min read WEN A possible savior for ailing Wendy’s (WEN) may be emerging, one that is old enough to know the founder’s name was Dave Thomas.
The news: Nelson Peltz’s Trian Fund Management is on the hunt for an investor consortium to take Wendy’s private, according to a new report from the Financial Times on Tuesday. In recent weeks, Trian has reportedly held discussions with outside investors, including in the Middle East, about financing a potential takeover of the chain.
A spokesperson for billionaire Peltz, who is 83, declined to comment to Yahoo Finance. Wendy’s stock rose 5% in premarket trading.
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