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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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Oil Jumps After Explosion And Massive Fire At One Of The Largest US Oil Refineries
Oil Jumps After Explosion And Massive Fire At One Of The Largest US Oil Refineries
An explosion and large plumes of smoke at the Valero refinery in Port Arthur prompted officials to order west-side residents to shelter in place according to 12 News Now.
🚨 Jefferson Co. Commissioner says “I'm asking people to stay tuned because if this chemical is deemed to be toxic or carcinogenic … then I guarantee we're going to order to evacuate.” pic.twitter.com/MVpOu5b28M
— Chief Nerd (@TheChiefNerd) March 24, 2026
Witnesses across the Mid-County area reported hearing a loud...
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May 28, 2026 / Tyler Durden
'Tank Bottoms' Loom At Cushing After Across-The-Board Inventory Draws, Another Huge SPR Drain
'Tank Bottoms' Loom At Cushing After Across-The-Board Inventory Draws, Another Huge SPR Drain
Oil prices bounced higher overnight after the US and Iran exchanged new strikes despite their purported ceasefire, rekindling uncertainty about an end to the Middle East war.
The latest strikes were the most serious since an April ceasefire, and came despite a series of headlines suggesting talks on a deal were progressing.
"A fresh exchange of strikes between the two countries is testing the fragile ceasefire and forcing a reassessment of the chances of a near-term agreement which can...
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