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المشهد العربي
Wendy's shares climb on acquisition news
Shares of Wendy's rose by 12.91%, reaching $8.53, after the Financial Times reported that a prominent investor, Nelson Peltz, is planning to make a full acquisition offer for the chain. The goal is to take the company private, away from stock exchange trading. The offer is expected to be submitted within weeks, although its success remains uncertain. This move is part of efforts to formulate a financial proposal in collaboration with an investment alliance.
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