Wendy’s Turns Down $1.4 Billion Buyout and Adopts a ‘Poison Pill’ Defense to Block a Takeover – Signal Press

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Wendy’s Turns Down $1.4 Billion Buyout and Adopts a ‘Poison Pill’ Defense to Block a Takeover

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The chain rejected activist investor Nelson Peltz’s offer, saying it “substantially undervalues” the company.

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