BlueFive Capital, an private investment firm backed by Bugatti, is among a group of investors led by Nelson Peltz’s activist investment firm Trian Fund Management, that could launch a take-private bid for US burger chain Wendy’s, according to a report by Reuters.
The report cites an unnamed person familiar with the mater as revealing that Flynn Group, one of Wendy’s largest franchisees, is also involved. A proposal could be submitted within the coming weeks, although the timing remains subject t...
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