Trian Fund Management Proposed Deal Would Provide All-Cash Consideration To Wendy's Shareholders, Funded By Trian Group
Oct 28 (Reuters) - Wendy's Co WEN.O:
TRIAN FUND MANAGEMENT: PROPOSED DEAL WOULD PROVIDE ALL-CASH CONSIDERATION TO WENDY'S SHAREHOLDERS, FUNDED BY TRIAN GROUP - FILING
TRIAN: SUBMITTED TO WENDY'S A NON-BINDING PROPOSAL FOR A PRICE OF $7.35 PER SHARE IN CASH
TRIAN FUND MANAGEMENT: PROPOSED DEAL FOR WENDY'S WOULD BE FUNDED TOGETHER WITH FLYNN AND BLUEFIVE CAPITAL, SIXTH STREET PARTNERS, OTHERS
TRIAN: SUBMITTED TO WENDY'S A NON-BINDING PROPOSAL FOR A PRICE OF $7.35 PER SHARE IN CASH
TRIAN: ANTICIPATE WENDY'S EXISTING SECURITIZATION FINANCING WOULD REMAIN IN PLACE FOLLOWING CLOSING - SEC FILING
TRIAN FUND MANAGEMENT: TRIAN GROUP INTENDS TO ROLL OVER SHARES IT BENEFICIALLY OWNS, IN RELATION TO PROPOSED WENDY'S DEAL
NELSON PELTZ REPORTS 16.23% STAKE IN WENDY'S AS OF OCT. 28 - SEC FILING
Further company coverage: WEN.O