WEN - Talking Up His Book

As Keith pointed out yesterday, Bill Ackman would be talking up his book at the Ira Sohn conference.

Well apparently he made some comments about WEN!

Bloomberg is reporting that William Ackman believes WEN is worth $42. The WEN board has already determined that company is only worth $27 and agreed to be acquired by TRY. If Ackman is right the Peltz mystique will only grow bigger.

Personally, I think $42 is a pipe dream....