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Business

Wendy’s receives $1.4-billion take-private offer from U.S. hedge fund-led group

Marcus Chen
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN

Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.

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Managing Editor · Wednesday, October 28, 2026 at 8:12 PM · 1 min read
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Wendy’s receives $1.4-billion take-private offer from U.S. hedge fund-led group — Toronto Business news

Billionaire Nelson Peltz and several partners on Wednesday offered to buy burger chain Wendy's for US$1.4-billion, arguing that the struggling fast-food chain needs a turnaround that would be best achieved out of the public eye.

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