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Wendy’s Rejects $1.4 Billion Takeover Offer, Stock Surges

The fast-food chain rejected a Trian-led proposal and adopted a poison pill, causing shares to jump 37% over eleven trading days.

2 publishers · 2 articles · first seen 12 Nov 2026 · updated 2h ago

Headline and summary written by an AI model from the linked articles; not reviewed by a person. How this was made

The odds

How the odds moved · Above -6%
0%50%100%43%6 Nov, 04:56 UTCnowQuartz: Wendy's rejected a $1.4 billion takeover offer as its stock rose 37% in 11 trading days · 12 Nov, 13:40 UTCMarketWatch: Wendy’s rejects a takeover offer, scales back breakfast and still sees its stock surge · 12 Nov, 13:05 UTC

Each tick is a source publishing on this story

Price data
TimeChance of yes
now43%
6 Nov, 04:56 UTC43%

The story so far

2 publishers have covered this in 2 articles since 12 Nov 2026. MarketWatch published first, on 12 November at 13:05 UTC; Quartz followed 35 min later. The most recent article, from Quartz, appeared on 12 November at 13:40 UTC.

Outlets reporting it: MarketWatch, Quartz.

One prediction market prices this story:

  • Above -6% — the market puts it at 43%, closing 26 May 2027. Yes resolves if Wendy’s reports U.S. same-restaurant sales growth above -6% for fiscal 2026. No resolves if that growth is -6% or lower. Readers often mistake the deadline, confusing fiscal 2026 with a calendar year.

Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.

Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. Wendy's rejected a $1.4 billion takeover offer as its stock rose 37% in 11 trading days Quartz
  2. Wendy’s rejects a takeover offer, scales back breakfast and still sees its stock surge MarketWatch

Related prediction markets

Linked by software because they are about the same subject. Most ask a different question from the one this story reports, so read each market's own question. How often the link is right

  • Kalshi Above -6% · Wendy's US same-restaurant sales growth in fiscal 2026 43% $0 24hends 26 May 2027

    Does the market have this right?

    Wrong market?

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In this story

  • Wendy's
  • Trian
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