NEW YORK Nelson Peltz and his funds collectively hold a 5 percent stake in The Cheesecake Factory Inc., according to filings made Wednesday with the Securities and Exchange Commission. The holding is about half of what the activist investor and his affiliated funds were reported to be seeking in the casual-dining chain. Late last year, reports circulated that Peltz had intended to buy as much 10 to 14 percent of the Cheesecake Factory's outstanding shares through Trian Star Trust, a ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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 Desiree.Torres@penton.com