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▶ 0:00 · $WEN · The Trade That Put Bill Ackman on the Map: Forcing Wendy's to Spin Out Tim Hortons

now playing · $WEN

Ackman recalls Wendy's as a classic sum-of-the-parts trade hiding Tim Hortons value

Ackman describes his early Wendy's investment as a simple sum-of-the-parts thesis: Tim Hortons alone was worth more than Wendy's entire market value, creating an activist spin-off…

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▶ 0:00 · $WEN · The Trade That Put Bill Ackman on the Map: Forcing Wendy's to Spin Out Tim Hortons

now playing · $WEN

$WEN···bullish· mediumbill ackman

Ackman recalls Wendy's as a classic sum-of-the-parts trade hiding Tim Hortons value

Ackman describes his early Wendy's investment as a simple sum-of-the-parts thesis: Tim Hortons alone was worth more than Wendy's entire market value, creating an activist spin-off…