Wendy's turns down $1.4B offer, backs CEO turnaround
Michelle Rivera
Michelle Rivera
Reporter · Cleveland, OH
Michelle, an Ohio State University graduate, has spent over six years focusing on community issues in Cleveland, including social justice and local initiatives. She has previously written for NPR's local affiliates, where she honed her storytelling skills to highlight diverse community voices.
More from Michelle →Reporter · Friday, November 6, 2026 at 9:56 AM · 1 min read
DUBLIN, Ohio — Struggling fast-food giant Wendy’s has rejected a $1.4 billion buyout offer from a group led by billionaire Nelson Peltz, saying the offer was too low.