Wendy's fends off Buyout attempt

[trader]

Things are more difficult in the fast food market these days, especially the burger chains. Beef prices and dwindling walk in trade has been a challenge for this sub-sector. Wendy's used the poison pill defense to stave off the attempt. https://www.oann.com/business/wendy...girds-itself-for-a-hostile-takeover-campaign/