We have shown the skill to do this in the past. I hope we will show the skill to do this in the current situation also, that would be my expectation. I do not expect a runaway escalation. But could there be more than one step of escalation is possible and yet I would say I do not think we are going to go for any kind of all-out war.
Wendy’s draws buyout bid as beef costs and burger rivalry weigh on business
Wendy’s shares jump after Nelson Peltz’s Trian Fund Management offers $7.35 per share to take the burger chain private, as the company faces high beef
October 28, 2026