Wendy’s Stock Jumps 15% After Trian Offers $7.35 A Share To Go Private

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Nelson Peltz wants Wendy’s back. His firm, Trian Fund Management, has offered $7.35 a share in cash for the burger chain, valuing it at about $1.4 billion, a regulatory filing showed on Wednesday. The price is 20% above Tuesday’s close. Wendy’s stock rose about 15% before the market opened. Trian is joined by BlueFive Capital, …