Apr. 16 at 1:45 PM
$WEN company is still buying back shares and has
$350M cash. Closing unprofitable US stores while growing successfully internationally is prudent.
Possible buyout candidate. Leading shareholder owns 17% of company already.
Dennys
$DENN went private while stock was
$4 and brought private at
$6 a 50% premium. Possibly the same fate for Wendy’s.