Peltz’s Trian Seeks to Take Struggling Wendy’s Private
Nelson Peltz’s Trian Fund leads a group offering $7.35 a share in cash to take Wendy’s private at a roughly 20% premium.
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#News-Driven Stocks↓
On Holding Stock Falls as Mbappé Loses Chinese Sponsors Over Mao Controversy
Analysts see limited near-term impact but flag longer-term risk.
Rivian Van Spotted in Walmart+ Livery, but Deal Remains Unconfirmed
A Rivian commercial van in Walmart+ branding was spotted in Indiana. Neither company has confirmed the sighting or any potential deal.
Fivefold Oversubscription for Meta’s Upsized $25 Billion Stock Sale
Strong institutional demand saw Meta’s $25 billion stock offering close five times oversubscribed to support AI infrastructure spending.
Broadcom Upgraded to Buy as Banks and Blackstone Line Up $63 Billion for Anthropic AI Chips
D.A. Davidson lifts Broadcom to Buy, citing Anthropic’s IPO path and the $63 billion financing package that will fund its next wave of AI chips.
DoorDash in Advanced Talks to Acquire Instacart in Potential $16–17 Billion Deal
Instacart is in advanced sale talks with DoorDash after Uber exited, with a possible $16–17B deal that could reshape grocery delivery.