Nelson Peltz’s Trian Fund Management has made a $1. 4 billion offer for Wendy’s and says the company “requires significant capital investment” to get back on track.
Source: [MarketWatch](https://www.marketwatch.com/story/wendys-buyout-offer-suggests-the-burger-chains-overhaul-could-be-very-expensive-ff2c92bb?mod=mw_rss_topstories)