YUM! Brands ticking higher in early trading; for what it's worth, move is being attributed to a rumor that activist investor Nelson Pelz could be interested
This YUM rumor follows news from Wendy's (WEN) this morning, including news that Nelson Pelz's Trian, which owns 24.8% of WEN's outstanding common stock, intends over the next few months to reduce its ownership position in the Company to between 17% and 19.68%.