Wendy’s (WEN) Stock News
$WEN · NASDAQ · CONSUMER CYCLICAL · 3 stories in 30 daysBORSA has published 3 stories on Wendy’s (WEN) in the past 30 days, 3 of them high impact. BORSA’s news read on WEN is bullish at 65/100, unchanged over 24 hours, based on 3 company events over the past 7 days. WEN last closed at $7.17 on Oct 29, up 9.06% over five sessions and up 12.30% over the past month. Wendy’s’ next earnings report is scheduled for Thursday, Nov 5 before the open.
The wire on $WEN
newest first · updated · direct subject stories onlyA group led by Trian Management disclosed an offer to take Wendy's private for $7.35 a share in a 13D filing. Earlier headlines incorrectly attributed the filing to Wendy's.
neutral 50 · impact 70Wendy's confirmed receipt of an unsolicited, non-binding cash proposal from Trian Partners and co-investors to acquire the shares they do not already own at $7.35 per share. An independent board committee will evaluate the offer. No deal is assured. The company plans to detail its strategy on its November 5 earnings call.
· impact 70