The Wendy’s Company (NASDAQ: WEN) announced that on the preliminary count, a total of approximately 31.0 million shares of The Wendy’s Company’s common stock were validly tendered and not validly withdrawn at or below the purchase price of $9.25 per share.
Since publishing our first issue back in 1986, we’ve always recommended investors exercise patience. "Beware an Itchy Trigger Finger" identified ten stock picks with particularly promising long-term potential--and they all had the added bonus of paying dividends over 3% to further reward investor patience. Given our contrarian slant, each of these stocks was also generally out of favor with mainstream investors at the time of recommendation--adding value stock appeal.
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