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BusinessWendy's rejects a $1.4 billion buyout offer and adopts a poison pillWendy's isn't selling, at least not at that price. The Dublin-based chain rejected a $1.4 billion offer from activist investor Nelson Peltz's Trian Fund Management and its partners, saying the bid “substantially undervalues” the company. The group had offered $7.35 per share in cash on Oct. 28. Wendy's board also adopted a “poison pill” plan meant to make a hostile takeover harder.Today’s editionRead

Business from local newsrooms

From NBC4 WCMH-TV, gathered by 6AM News, 6AM City’s local news service, in the last two days.

  1. NBC4 WCMH-TV5 hours ago

    Golf club in Sunbury to close after more than three decades of business

    A golf club in Sunbury is preparing to permanently close after 37 years of business.