- Offer price: $7.35/share cash
- Equity value: ~$1.43B on 194M fully diluted shares
Trian Fund Management, Flynn Group, BlueFive Capital, and Sixth Street submitted a nonbinding $7.35/share cash offer to take Wendy's private. The proposal values equity at ~$1.43B, a ~20% premium. No definitive agreement; board committee to review.
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