A $1.4 billion take-private offer sets a floor under Wendy's shares, but six straight quarters of falling same-store sales is the number that decides whether anyone else bids.
Nelson Peltz reportedly offered $1.4 billion to buy $WEN. @BrianSozzi isn’t impressed. “Peltz would be buying a dumpster fire he helped create,” Sozzi says, pointing to six straight quarters of falling same-store sales. 📉 https://t.co/BqaBhDlca5
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