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Nelson Peltz's Trian Discussing Wendy's Go-Private Takeover
Nelson Peltz's Trian Discussing Wendy's Go-Private Takeover
Shares of Wendy's jumped in premarket trading after the Financial Times reported that Nelson Peltz's Trian Fund Management is considering taking the hamburger chain private and is seeking investors to back the deal.
FT noted:
Trian in recent weeks has held discussions with outside investors, including in the Middle East, about financing a potential takeover of Wendy's, according to people familiar with the matter.
Earlier this year, Trian stated in a regulatory filing that Wendy's is "currently undervalued," fueling speculation that Peltz would push for significant...
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Jun 13, 2026 / Tyler Durden
Somaliland Opens Diplomatic Office In Taiwan Despite Strong Objections From Beijing
Somaliland Opens Diplomatic Office In Taiwan Despite Strong Objections From Beijing
Via The Cradle
The breakaway African territory of Somaliland opened a new representative office in Taiwan on Friday, saying it had the right to establish diplomatic relations despite objections from Somalia.
"We have the right to choose who we have relationships with. It's our prerogative, and so it hasn't been successful as far as pressure tactics," stated Mahmoud Adam Jama Galaal, Somaliland's representative to Taiwan, at a press conference to mark the office opening.
Rti photo
Taiwan's Deputy Foreign Minister Francois Wu also spoke, saying,...
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Jun 8, 2026 / Tyler Durden
Houthis Declare "Total Ban" On Israeli Ships As Dual Chokepoint Crisis Stokes Supply Chain Nightmare
Houthis Declare "Total Ban" On Israeli Ships As Dual Chokepoint Crisis Stokes Supply Chain Nightmare
Brent crude futures jumped as much as 5% to $97.83 a barrel, while WTI traded around $95 a barrel, as renewed Iran-Israel fighting threatened to unravel a fragile US-Iran ceasefire and further disrupt energy flows.
On the maritime chokepoint front, Iran-backed Houthis declared a full ban on Israeli vessels in the southern Red Sea, warning that any Israeli ship (or linked ship) will be seen as a military target.
"First: We declare a complete and total...
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Oct 5, 2026 / Dave DeCamp
US Military Executes Four People in Latest Strike on Alleged Drug-Running Boat in the Carribean
US Southern Command said in a statement on Sunday night that its forces bombed another alleged drug-running boat in the Caribbean and killed at least four people, as the Trump administration continues to conduct extrajudicial executions at sea. “On October 4, under the direction of US Southern Command, Joint Task Force Western Hemisphere executed a […]
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