Wendy’s is ‘undervalued’ and could face takeover by Nelson Peltz

This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: Trian Fund Management and its founder Nelson Peltz, owner of over 16% of Wendy’s stock, said the fast food chain is “currently undervalued,” in a Wednesday filing with the Securities and Exchange Commission. Peltz is considering either purchasing additional stocks that would allow him and Trian Management to control the company, or disposing of s ...