NEW YORK Trian Fund Management LP, an investment fund controlled by activist investor Nelson Peltz, said Monday that its pending tender offer for shares in Wendy’s/Arby’s Group Inc. will give it control of 21.6 percent of the restaurant company. The fund, based here, agreed to purchase 49.4 million shares for about $205 million, according to preliminary results from the fund’s offer, first announced last month. The offer of $4.15 per share led to shareholders tending 219.2 million ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now.We promise it will only take a few minutes!

Questions about your account or how to access content?


Already registered? here.