Supports Icahn's effort

• Letter to board

Proxy fight settled

• Statement
• Press release  8.20.07
• Settlement agreement

Company splits up

13D-G filings

• EDGAR

• Barclays              13G      10.91%  3.05.08
• Merrill Lynch         13G       8.47%  2.15.08
• SAC Capital          13G       9.5%  2.14.08
• Morgan Stanley     13G.A1   8.9%  2.14.08
• D E Shaw             13G.A1    .4%  2.14.08
• Citadel                 13G.A1    .8%  2.13.08
• Dimensional           13G.A1  6.66%  2.06.08
• Barclays               13G       8.36%  2.05.08
• Iridian Asset          13G.A1  n/a  2.04.08
• Scion                   13G.A1   0.0%  1.11.08
• Hotchkis               13G.A2   1.6%  1.10.08
• Highbridge             13D.A2   4.02%  12.12.07

• Citigroup               13G.A1   2.2%  12.10.07
• Icahn                   13D.A5   9.77%  11.21.07
• Marvin C Schwartz  13D.A1   4.3%  11.14.07

• Scion                    13G       5.7%  10.31.07
• Sandell                  13D.A2  9.7%  10.15.07
• Sandell                  13D       9.8%  3.14.07

News

13D-G filings

• EDGAR

• Shamrock       13D.A4  9.73%  3.06.08
• Mac-Per-Wolf  13G.A1  4.2%  2.15.08
• Janus            13G.A1  4.1%  2.14.08
• Shamrock       13D.A3  8.62%  2.14.08

• Glenhill           13G.A1  9.5%  2.14.08
• Osterweis       13G.A1  9.07%  2.14.08
• T Rowe Price   13G.A1  5.5%  2.12.08
• Putnam          13G        .8%  2.01.08
• Barclays         13G      4.68%  1.22.08
• Shamrock       13D.A2  7.30%  1.16.08
• Shamrock       13D.A1  6.09%  12.04.07
• Blum Capital    13D.A3  4.4%  10.03.07
• Glenhill           13G       5%  7.16.07
• Mac-Per-Wolf  13G       5.5%  2.15.07

News

Class action lawsuit filed on behalf of Wendy's shareholders 

• Brodsky & Smith file in the Common Pleas Court of Franklin, OH  5.02.08
• Alleges breach of fiduciary duties to the company

William Ackman of Pershing Square discloses 15% stake

• Edgar filing 4.25.08

Nelson Peltz acquires Wendy's under Triarc umbrella for $2.34B; Peltz to vote his stake in favor of deal

• Press release  4.24.08

Acquisition offers rejected from Nelson Peltz/Trian, seeking special meeting

• Response to Trian  4.18.08
• Letter to chairman  4.18.08

Bearhug offer

• 13D amendment  11.13.07

13D-G filings

• EDGAR

• Trian                   13D.A14  9.8%  4.30.08
• Pershing Square    13G       14.97%  4.25.08
• Trian                   13D.A13  9.8%  4.18.08
• Farallon               13D        6.2%  2.27.08
• Highfields             13G.A6    8.4%  2.14.08
• Farallon               13G.A1    6.2%  2.13.08
• Tudor                 13G.A1    3.7%  2.13.08
• Southeastern       13G        6.5%  2.13.08
• Trian                  13D.A12  9.8%  2.11.08
• Barclays              13G        6.95%  2.05.08
• Trian                  13D.A11  4.5%  11.13.07

News

13D-G filings

• EDGAR

• Fidelity          13G.A2   0.0%  12.10.07
• Sigma Capital  13D.A2   0.0%  12.06.07
• Sigma Capital  13D.A1   6.5%  11.19.07
• Del Mar          13G.A1   0.0%  11.19.07
• SAC               13D       6.0%  10.22.07

Stockholder group gets five of eight nominees

• Had sought five and majority control

• Extends poison pill  8.29.07
• Activists lose vote  7.24.07
• Meeting held  7.19.07
• Bids are in  7.05.07

• Skirmishing

• Company shareholder letter  6.26.07
• Activist shareholder letter  6.22.07
• Company shareholder letter  6.18.07

• SEC comments

• SEC comment letter  6.27.07
• SEC comment letter  6.14.07
• Company response  6.13.07
• SEC comment letter  6.11.07
• SEC comment letter  6.08.07

• Proxy statements

• Company definitive  6.18.07
• Company preliminary  6.15.07
• Company preliminary  6.13.07
• Company preliminary  6.08.07
• Activist preliminary  6.06.07
• Company preliminary  5.29.07

13D-G filings

• EDGAR

• Bulldog        13D.A1   14.94%  4.09.08
• Bulldog        13D       14.94%  2.20.08
• QVT            13G.A1    5.16%  2.12.08
• Dimensional  13G.A1    5.89%  2.06.08
• QVT            13G        5.03%   11.07.07
• Bulldog        13D.A6  14.87%   11.06.07
• Bulldog        13D.A6  14.87%    8.13.07

News

Activist Shareholders