

WEN: An Acquisition of Wendy’s Looks More Likely than Not
After yesterday’s market close, Wendy’s largest shareholder — Trian Fund Management LP, which owns about 19% of WEN — disclosed that it may seek to acquire Wendy’s. That news has sent up shares of WEN by about +11% in today’s regular trading session, as of this writing. Should investors buy more stock in WEN, in this context?