Wendy's Rejects Trian's $1.4 Billion Takeover Bid Hot: Odds moved 31 points in 24 hours
The burger chain’s board unanimously rejected the proposal, calling it undervalued and adopting a shareholder rights plan.
Headline and summary written by an AI model from the linked articles; not reviewed by a person. How this was made
First reported by Quartz, 1h 21m ahead of the next publisher · who breaks stories first
The odds
Each tick is a source publishing on this story
Price data
| Time | Chance of yes |
|---|---|
| now | 26% |
| 5 Nov, 14:56 UTC | 26% |
| 4 Nov, 14:19 UTC | 57% |
Replay the odds, article by article
Step through each article in the order it published and watch Above -6% respond.
The story so far
3 publishers have covered this in 3 articles since 5 Nov 2026. Quartz published first, on 5 November at 13:20 UTC; Bloomberg Markets followed 1h 21m later. The most recent article, from CNBC, appeared on 5 November at 15:08 UTC.
Outlets reporting it: Bloomberg Markets (major outlet), CNBC (major outlet), Quartz.
One prediction market prices this story:
- Above -6% — the market puts it at 26%, with $566 traded in the last 24 hours, 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.
How it unfolded
Every source in the order it published, with the odds on Above -6% at that moment. A dash means the source published before we started tracking prices.
- QuartzWendy's rejected Trian's $1.4 billion bid to take the burger chain private57%
- Bloomberg MarketsWendy’s Rejects Takeover Bid From Peltz's Trian57%
- CNBCWendy's rejects $1.4 billion takeover proposal from Nelson Peltz’s Trian26%▼31 points since the previous source
- Current odds26%
Sources
Every article we clustered into this story. Headlines link to the publisher.
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% 26% −31
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In this story
- Wendy’s
- Trian Fund Management
- Nelson Peltz