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Wendy's, struggling with beef prices and growing competition, gets a buyout offer

Wendy’s shares jumped more than 14% Wednesday after noted investor Nelson Peltz made an offer to buy the chain, which has been struggling with high beef prices and aging stores. Peltz’s Trian Fund Management and several partners are offering Wendy’s $7.35 per share in cash, or a premium of nearly 19% over the stock’s closing price on Tuesday, in a deal that would take the company private. The offer values Wendy's at $1.4 billion. Wendy's, which is based in Dublin, Ohio, confirmed receipt of the unsolicited proposal in a statement Wednesday and said its board has formed an independent committee to evaluate it. At the end of last year, Wendy's had 5,969 restaurants in the U.S. and 1,428 outlets in 38 countries. Related content above: Wendy's offers $100,000 job to be its 'Chief Tasting Officer' Wendy's, founded in 1969 by Dave Thomas and named after his daughter, is known for its square…

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More in Restaurants and Chains

People Who Only Go To The Grocery Store For A Few Small Things Actually Have 8 Kinda Smart Reasons

Written on Oct 28, 2026 So many people strugge to afford basic necessities, including groceries and food, that it's sparked a whole wave of creative grocery shopping approaches. It's clear that people who only go to the grocery store for a few things at a time have some pretty smart reasons for doing so. Shoppers who make a few trips to the store every week tend to buy things for meals they're making that night, or snacks they know they need and will eat. They avoid waste, so they try not to buy anything they won't immediately use. For fresh foods like produce and meat, they're intentional about purchasing food they know they'll use. They don't want anything sitting in the back of their fridge rotting over the course of a week. RELATED: 10 Unspoken Rules Every Normal Human Follows At The Grocery Store Many shoppers tend to choose where they shop based on convenience over price, but they…

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More in Types and Cuts

What are the high-protein menu items at Morning McDonald's? A McDonald's employee and registered dietitian trainee compares calories and fat!

When you eat Morning McDonald's, what do you keep in mind when choosing your menu items? 🤔 I've been working at McDonald's early in the morning a lot lately, so I've had more opportunities to eat Morning McDonald's! In doing so, what I'm always conscious of is the balance between protein and fat. When you're doing strength training, you definitely want to make sure you're getting enough protein 💪 I often find myself comparing the nutritional content of the menu items and thinking, 'Which one should I choose today?' 🤔 So this time, as someone who uses Morning McDonald's regularly, I decided to compare the menu items from the perspective of a registered dietitian trainee! 📊 I hope this will be a helpful reference for choosing your menu, whether you want to get plenty of protein or are concerned about the balance of fat and calories! ✨️ Let's take a look right away! 🍳 These are the three…

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More in Fast Food

Oatmeal Cookies Are The #1 Non-Cereal Use For Oatmeal, Followed By Meatloaf And Fruit Crisp

National Oatmeal Day comes around annually on October 29, celebrating one of the world’s most versatile, familiar foods. But how many of us know more than that? How many ways are there to prepare it? With all the ways to eat and use oatmeal, it’s no wonder we had to dedicate a whole day to it! 7000 BC – Oats were one of the earliest cereals cultivated by man. They were known in ancient China as long ago as 7,000 B.C. The ancient Greeks were the first people known to have made recognizable porridge (cereal) from oats. 1000 BC – Some historians say the wild ancestors of modern oats were widespread in Asia. But they weren’t domesticated until sometime in the first millennium BCE in what is now Central Europe. 1602 – The Scots have eaten oatmeal for centuries; the grain itself grows well in that part of the world due to that country’s low temperatures and high humidity. 1755 – Samuel…

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Black velvet Halloween cupcakes

Halloween has always felt like a borrowed tradition in Australia. While much of the world imagines crackling fires, bare trees and piles of brittle leaves, we’re watching the garden burst into life. Rather than fight the season…

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More in Recipes and Cooking