00:00Wendy's is fighting to stay independent after rejecting a $1.4 billion takeover offer
00:05from billionaire investor Nelson Peltz and his partners. The fast food chain adopted a
00:11defensive strategy designed to prevent a hostile takeover as it struggles with falling sales and
00:16changing consumer habits. Wendy's is also shaking up its menu, improving ingredients and making
00:22breakfast optional at some restaurants. The company is betting those changes can bring
00:26customers back without selling the business.
