Nelson Peltz places bid for Wendy's

November 13, 2007

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Billionaire investor Nelson Peltz submitted an offer to buy Wendy's International Inc., but the proposed price is below what he previously said the third-largest U.S. hamburger chain is worth, according to a regulatory filing Tuesday. The filing did not indicate what the offer was.

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Wendys
The Wendy's brand is since September 30, 2008 owned by Wendy's Arby's Group Inc. Wendy's Old Fashioned Hamburgers® is the third largest quick-service hamburger restaurant chain in the world, with more than 6,700 restaurants in North America and international markets.

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