activist investors

Consumer

Wendy’s Squares Up to Nelson Peltz’s Takeover Attempt

Photo via Paul Weaver/ZUMAPRESS/Newscom

Shares of Wendy’s, which had fallen about 25% from the beginning of the year through Tuesday’s close, popped 15% Wednesday.

2 min read

Photo via Richard B. Levine/Newscom

Consumer

Elliott Takes $1 Billion Stake in Lululemon, Swaying CEO Search

Activist fund Elliott Management has built up a $1 billion stake in once-swaggering Lululemon and is working to influence its CEO search.

2 min read

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