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Peltz's Trian to hold 21.6% stake in Wendy's/Arby's

NEW YORK Trian Fund Management LP, an investment fund controlled by activist investor Nelson Peltz, said Monday that its pending tender offer for shares in Wendy’s/Arby’s Group Inc. will give it control of 21.6 percent of the restaurant company.

The fund, based here, agreed to purchase 49.4 million shares for about $205 million, according to preliminary results from the fund’s offer, first announced last month. The offer of $4.15 per share led to shareholders

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