Wendy's shares jump 15% after Trian offers $1.4 billion to buy chain

Wendy's stock rose about 15% after Nelson Peltz's Trian reportedly offered $1.4 billion to buy the burger chain, according to CNBC. The chain has struggled as diners eat out less.

Timeline

1. 28 Oct, 13:12 UTCCNBC reports Trian's $1.4B Wendy's offer
2. 28 Oct, 13:20 UTCPicked up on Google Trends
3. 28 Oct, 14:05 UTCReached #1 on TrendHeat

Top sources

• nelson peltzGoogle Trends
• The struggling burger chain Wendy's gets a buyout offer from activist investor Nelson PeltzABC News - Breaking News, Latest News and Videos
• The struggling burger chain Wendy’s has received a buyout offer from an activist investorAP News
• Billionaire investor Nelson Peltz makes move to buy struggling Wendy'sYahoo Finance
• Watch Peltz’s Trian Offers to Take Wendy’s Private in All-Cash DealBloomberg.com
• Wendy's gets $1.4 billion buyout offer from Peltz's TrianReuters
• Exclusive | Nelson Peltz’s Trian Offers to Buy Wendy’s for $1.4 BillionWSJ