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Wendy’s rejects $1.4 billion hostile takeover bid, saying it undervalues the company

Wendy’s board of directors on Thursday unanimously rejected a $1.4 billion hostile takeover bid from a group of investment firms, saying the offer undervalues the restaurant chain and is not in the best interest of shareholders.  “The Independent Committee thoroughly evaluated this Proposal and unanimously concluded that it substantially undervalues Wendy’s standalone prospects and long-term…

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Judge dismisses case against 2 ex-FBI officials in Hunter Biden probe

A federal magistrate judge on Monday dismissed a criminal complaint charging two former senior FBI counterintelligence officials with lying to Congress about their roles in the bureau’s Hunter Biden investigation, saying the politically charged case lacked evidence and appeared to be timed with the midterm election. In a scathing, hour-long oral ruling, Magistrate Judge Zia Faruqui rebuked…

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Democrats cry foul as U.S. lifts sanctions on Serb nationalist, MAGA-linked firm gets huge Bosnia energy contract

London — The involvement of a small American firm linked to associates of President Trump in an energy project in Bosnia and Herzegovina worth more than $1.5 billion has raised questions about how the White House could be using its leverage in the fragile Balkan state. U.S. lawmakers accuse the Trump administration of lifting sanctions on…

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