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Wendy’s Receives $7.35-a-Share Cash Take-Private Proposal

Wendy’s confirmed an unsolicited, non-binding investor-group proposal to acquire shares it does not already own for $7.35 per share in cash. An independent board committee will evaluate it; there is no assurance a deal will proceed.

The Wendy's Company confirmed an unsolicited, non-binding proposal from an investor group to acquire all shares it doesn't own for $7.35 per share in cash. An independent board committee will evaluate; no assurance a deal will proceed.Material DetailsContext by AI AnalystThis is an early-stage take…