INDIANAPOLIS Dissident Steak n Shake shareholder Sardar Biglari said Monday he would accept the offer of two board seats for himself and a colleague only if the company drops a bylaw change that limits shareholder powers. Steak n Shake extended the offer of two board seats to Biglari and his Lion Fund LP colleague Philip Cooley on Jan. 31, the same day the company changed its bylaws to require a special stockholders’ meeting only if holders of 80 percent of shares outstanding request ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.


Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Questions about your account or how to access content? 

Contact: Desiree Torres 

Already registered? here.