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Nelson Peltz is preparing a takeover bid for Wendy's (WEN), FT reports citing sources; with the support of a consortium. Bid could be made in the coming weeks.

StockNow breaking-news AI analysis

Nelson Peltz is preparing a takeover bid for Wendy's amid poor Q2 results, a dividend cut, and 30% short interest, signaling potential radical restructuring and market volatility.

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