American billionaire Nelson Peltz faces Wendy's rejection as $1.4 billion takeover bid hits wall
Billionaires Africa | 06.11.2026 16:10
American billionaire Nelson Peltz has suffered a setback in his attempt to take Wendy's private after the fast-food chain rejected a $1.4 billion acquisition proposal from his investor group and adopted a shareholder protection plan to deter an unsolicited takeover.
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