A potential bid to take a US fast-food chain private is being prepared by Nelson Peltz's Trian Fund Management. The target of the bid is Wendy's, a well-known fast-food chain in the US.

The bid is being backed by a consortium of investors, which includes BlueFive. Further details about the bid and the investors involved can be found through the Financial Times, as reported by Reuters.

Local residents in Galveston can find more information about this potential bid through the Galveston County Daily News or other news sources, which may provide additional updates as more information becomes available.