Nelson Peltz's activist investment firm Trian Partners recently filed a Form 4 with the SEC on shares of Wendy's (WEN).
According to the filing, Trian Fund Management sold 2 million shares of Wendy's (WEN) on February 25th at a price of $10.2. After the sale, they're still left with over 64.8 million shares.
Per Google Finance, Wendy's is "a quick-service restaurant company in the hamburger sandwich segment. Wendy’s is primarily engaged in the business of operating, developing and franchising a system of distinctive quick-service restaurants serving food."
You can view additional recent activity from Trian here.
Wednesday, March 5, 2014
Nelson Peltz's Trian Partners Trims Wendy's Stake
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