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Business

Wendy's, struggling with beef prices and growing competition, gets a buyout offer

James Patel
James Patel
James Patel
Senior Reporter · Cuyahoga Falls, OH

James has over a decade of experience in business journalism, having worked for Cleveland's NPR affiliate before joining Akron Current. He holds an MBA from Case Western Reserve University and specializes in local economic trends affecting small businesses.

More from James →
Senior Reporter · Sunday, November 1, 2026 at 3:25 PM · 1 min read
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Wendy's, struggling with beef prices and growing competition, gets a buyout offer — Akron Business news

Wendy’s shares jumped 15% at the opening bell Wednesday after noted investor Nelson Peltz made an offer to buy the chain, which has been struggling with high beef prices and aging stores.

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