Wendy’s long-suffering stock gets a boost after reports that billionaire Nelson Peltz wants to take it private

The Wendy’s Company could go private if billionaire Nelson Peltz has anything to say about it. The Trian Fund Management cofounder is looking for outside investors to help with a takeover of Wendy’s, the Financial Times reports. The news isn’t exactly surprising—in February, Trian used its regulatory filing to announce it might sell its stake or attempt a takeover of Wendy’s.  Peltz and Trian currently own a 16% stake in Wendy’s, along with the Peltz family’s minority stake in a New Y...