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Peltz plans to nominate Wendy's board candidates

Posted : Mon, 11 Feb 2008 16:48:11 GMT
By : Reuters
Category : US (Business)
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NEW YORK (Reuters) - Nelson Peltz's Trian Partners has sent a letter to Wendy's International Inc , saying it intends to nominate candidates for the restaurant chain's board at its upcoming annual shareholders' meeting.

The disclosure was made in a filing on Monday with the U.S. Securities and Exchange Commission.

Billionaire investor Peltz's Triarc Cos Inc , which owns the Arby's fast-food chain, has made a bid for Wendy's.

(Reporting by Nicole Maestri, editing by Gerald E. McCormick)


(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

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