Largest Shareholder of Wendy’s Exploring Buying Fast Food Chain Amid Rising Costs

The sign for a Wendy’s restaurant is seen in Ft. Lauderdale, Fla., on Jan. 8, 2002. Joe Raedle/Getty Images

Fast-food chain Wendy’s may be up for sale as the restaurant struggles with rising commodity and labor costs.

According to a May 24 filing with the U.S. Securities and Exchange Commission, The Wendy’s Company Chairman Nelson Peltz said that his management fund, Trian Partners, wants to explore a possible sale or merger for the restaurant chain.