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.
Internal projections showed the new title generating significant revenue that would easily trigger the earnout. Fearing he had agreed to a "pushover" contract, Krafton's CEO consulted an artificial intelligence chatbot to contrive a corporate 'takeover' strategy.
Last Friday, Netflix announced that they would be acquiring Warner Bros. Discovery, a massive megamerger that would let the number one streaming service acquire the third biggest streamer (HBO Max), the entire Warner Bros. film catalog, its cable channels, and the Discovery+ streaming service. But before any shareholders could celebrate, Paramount Skydance, the megaconglomerate led by the Trump-favored Ellison family, launched a hostile takeover. Which company will emerge victorious here...will the biggest loser be the cinephile consumer?
