Billionaire Nelson Peltz Considers Takeover of Wendy's Amid Stock Decline

Wendy's stock has been declining since the end of 2021, hitting a low of $6.37 on May 5, despite offering a high dividend yield. Billionaire activist investor Nelson Peltz’s hedge fund Trian Fund Management owns 16% of Wendy's and is considering a takeover bid to take the company private.

By Avril Ayers · TheStreet · May 16, 2026, 10:33 UTC

Tickers: $WEN

Topics: activist_investor dividends stock_performance

Read the full article at TheStreet

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