Wendy’s Board Reviews $1.4 Billion Take-Private Offer

Wendy’s reportedly received an unsolicited, nonbinding $1.4 billion offer to take the chain private, nearly 20% above its share price; its board is reviewing the proposal and no deal is completed. New coverage highlights sales and traffic declines, debt, leadership challenges, closures and questions about value; no customer-facing changes are established. The $7.99 Dave’s Single offer remains in reporting.