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Financing

Here is what Nelson Peltz should do with Wendy’s

The Bottom Line: The company’s longtime largest shareholder may try to buy the whole chain. But the company could consider a merger. Here are a few of our ideas.

Financing

Schlotzsky’s tries ditching seats

The sandwich chain’s new prototype features fewer seats or none at all and more options for takeout.

The chicken sandwich chain said it is testing autonomous delivery robots in a limited number of locations in California, Texas and Florida.

The sandwich giant has refreshed its catering program, hoping to take advantage of companies returning to offices.

All 12 of the company’s nominees won re-election to the board. The investor’s two nominees received about 1% of the vote. Shareholders reportedly approved a measure requesting a civil rights audit.

The burger chain, which also operates Del Taco, said it is getting traction with efforts to improve profits and recruit and retain more workers, such as self-cleaning shake machines.

The Bottom Line: The burger chain tried operating other brands and then sold them to focus on its core brand. But that may not be doing the company any favors on Wall Street.

The coffee giant joins McDonald’s in pulling up stakes in the country over the war in Ukraine.

Nelson Peltz’s Trian Partners, which owns nearly 20% of the company’s stock, said it has approached the board about a possible acquisition, sending the shares soaring.

The coffee chain, which plans to focus on its core business, sold its juice line to the carrot company Bolthouse Farms.

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