Wendy's jumps as largest holder Trian explores potential purchase (update)

May 24, 2022 6:04 PM ETThe Wendy's Company (WEN)PZZABy: Joshua Fineman, SA News Editor21 Comments

Wendy"s Reports Rise In Q1 Earnings With 13 Percent Increase In Same Store Sales

Justin Sullivan/Getty Images News

Update 6:05pm: Adds Wendy's statement.

Wendy's (NASDAQ:WEN) jumped 15% in after hours trading after its largest holder Trian proposed a potential acquisition of the fast-food chain.

Trian Partners, which is run by famed billionaire investor Nelson Peltz, disclosed owning

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