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Business

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

David Kline
David Kline
David Kline
Senior Reporter · Machesney Park, IL

David is an experienced business reporter with a master's degree in journalism from Northwestern University. He has spent the last decade working for the Chicago Tribune and has a particular focus on economic trends in the Rockford area. His insights on local businesses and economic policy are well-respected.

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Senior Reporter · Thursday, October 29, 2026 at 3:01 PM · 1 min read
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Wendy's gets buyout offer while struggling with beef prices and growing competition — Rockford Business news

Wendy’s shares jumped more than 14% 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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