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Peltz-led group preparing bid to take Wendy's private, source says

Peltz-led group preparing bid to take Wendy's private, source says

By Abigail Summerville Aug 12 (Reuters) - Nelson Peltz's Trian Fund Management is forming a consortium of investors to take US fast-food chain Wendy's private, a source familiar with the matter told Reuters on Wednesday.
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Wendy's Stock Surges Amid Potential Takeover Bid by Nelson Peltz's Trian Fund

Wendy's Stock Surges Amid Potential Takeover Bid by Nelson Peltz's Trian Fund

Wendy's Stock Surges Amid Potential Takeover Bid by Nelson Peltz's Trian Fund
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Wendy's Faces Challenges as Franchisees Close Restaurants Amidst Competition

Wendy's Faces Challenges as Franchisees Close Restaurants Amidst Competition

Wendy's Faces Challenges as Franchisees Close Restaurants Amidst Competition
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Cava beats quarterly expectations on Mediterranean cuisine demand

Cava beats quarterly expectations on Mediterranean cuisine demand

By Neil J Kanatt Aug 11 (Reuters) - Cava Group on Tuesday beat Wall Street expectations for second-quarter sales and core profit, helped by demand for its affordable Mediterranean food, sending its shares up about 12% in extended trading.
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Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years

Ackman unveils six new investments including Netflix, Visa, Mastercard in biggest portfolio overhaul in years

By Svea Herbst-Bayliss NEW YORK, Aug 13 (Reuters) - Bill Ackman unveiled six new holdings including Netflix, Visa and Mastercard, marking the billionaire investor's biggest portfolio overhaul in years.
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Wendy's Loses Second-Largest Burger Chain Status to Burger King Amidst Sales Decline

Wendy's Loses Second-Largest Burger Chain Status to Burger King Amidst Sales Decline

Wendy's Loses Second-Largest Burger Chain Status to Burger King Amidst Sales Decline
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Wendy's Faces Challenges as Franchisees Close Restaurants Amidst Financial Struggles

Wendy's Faces Challenges as Franchisees Close Restaurants Amidst Financial Struggles

Wendy's Faces Challenges as Franchisees Close Restaurants Amidst Financial Struggles
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Morgan Stanley Reports Weak US Sales Growth for Wendy's, Lowers Price Target

Morgan Stanley Reports Weak US Sales Growth for Wendy's, Lowers Price Target

Morgan Stanley Reports Weak US Sales Growth for Wendy's, Lowers Price Target
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Burger King Surpasses Wendy's as Second-Largest U.S. Burger Chain Amid Turnaround Efforts

Burger King Surpasses Wendy's as Second-Largest U.S. Burger Chain Amid Turnaround Efforts

Burger King Surpasses Wendy's as Second-Largest U.S. Burger Chain Amid Turnaround Efforts
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Rep. Michael A. Rulli Purchases Shares of Micron Technology, Impacting Investment Portfolio

Rep. Michael A. Rulli Purchases Shares of Micron Technology, Impacting Investment Portfolio

Rep. Michael A. Rulli Purchases Shares of Micron Technology, Impacting Investment Portfolio
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Sportswear brand On misses quarterly sales view as consumer demand weakens

Sportswear brand On misses quarterly sales view as consumer demand weakens

Aug 11 (Reuters) - Sportswear brand On missed Wall Street estimates for second-quarter net sales on Tuesday, sending its shares down 15% premarket, as higher costs from U.S. tariffs and a tougher consumer environment weighed on demand.
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Shein plans to launch Hong Kong IPO as soon as August 19, sources say

Shein plans to launch Hong Kong IPO as soon as August 19, sources say

By Kane Wu and Selena Li HONG KONG, Aug 11 (Reuters) - Online fast-fashion retailer Shein is planning to launch its Hong Kong initial public offering as soon as Wednesday of next week, two people with knowledge of the matter said on Tuesday.