Latest article
Why Wendy’s is losing the burger wars—and is now a takeover target for Nelson Peltz — in Fortune
In the burger wars currently raging in the United States, there is one clear loser among the major chains: Wendy’s. Its fortunes have declined so much that it’s now the target of Nelson Peltz’s Trian Fund Management, which is offering to take the restaurant private for $1.4 billion, a sum that’s not even 1% of McDonald’s market value.
