American billionaire investor, founder of Trian Partners
Trian is assembling support for a possible Wendy’s take-private bid with BlueFive Capital and Flynn Group amid declining sales and a volatile stock. Wendy’s has faced six straight quarters of same-store sales declines as discounting squeezed profits; Peltz and the investment group hold sizable stakes and are evaluating options, while Wendy’s reviews any proposal in the best fiduciary interest.