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Wendy's rejected a $1.4 billion takeover offer as its stock rose 37% in 11 trading days

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Trian-led investor group offered $7.35 a share in cash, and the company adopted a one-year poison pill

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  1. Quartz Leans left Factuality: High US
    Wendy's rejected a $1.4 billion takeover offer as its stock rose 37% in 11 trading days

    Trian-led investor group offered $7.35 a share in cash, and the company adopted a one-year poison pill

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