Wendy’s could have a new owner. On October 28, the burger chain confirmed receiving an unsolicited offer from a group of investors seeking to take the company private in a transaction valuing its shares at approximately $1.4 billion. The bid comes during a difficult stretch for the fast-food favorite. Wendy’s has been shrinking its U.S. footprint, as detailed in our earlier look at Wendy’s restaurant closures in 2026. But the takeover proposal itself [...]