What happened: Lore will retain a minority investment, while Rodriguez plans to increase his equity percentages, according to Shams Charania. Lore is leaving his co-owner and co-chairman roles to concentrate on the food-tech company's planned public offering.

Why it matters: The deal shifts control of both franchises to an existing significant minority investor. It also deepens Rodriguez's financial stake while preserving Lore's ties to the ownership group.

What to watch: The transition of leadership responsibilities and Wonder's IPO timeline are the next developments to watch.