Wendy's receives $1.4B buyout offer from investor Nelson Peltz

Activist investor Nelson Peltz has offered to buyout fast food chain Wendy's (WEN) for $1.4 billion. Yahoo Finance Executive Editor Brian Sozzi makes the case for Wendy's decline in quality over the years. Video Transcript 00:00 Brian Sozzi I really want to dive deep into this report that billionaire investor Nelson Peltz has offered $1.4 billion to buy ailing Wendy's. 00:10 Brian Sozzi Peltz knows Wendy's well, having sat on the board for years while also being a major investor. I mean, he's just eaten up Wendy's stock over the course of many years. 00:19 Brian Sozzi Unleash has been all over this downfall of Wendy's.