Retail darling Wendy's is surging on reports of a bid coming from activist investor Nelson Peltz
· businessinsider.com
A report from the FT on Wednesday that Trian Fund Management is prepping a bid to take Wendy's private send shares of the burger chain soaring.
The move: Wendy's stock jumped as much as 17% on Wednesday, helping shares eke out a year to date gain. The latest momentum has pushed the stock up about 2% in ...