Editor's Note: A previous version of this story had been to updated to include the correct date of Blum's initial letter and to clarify that Demilio's response was issued to franchise owners and employees. Of 95 Cosi Inc. shareholders who responded to an online survey from activist investor Blum Growth Fund LLC, all but two said they had lost confidence in the board of directors at Cosi, which operates and franchises 138-unit sandwich and salad chain. Brad Blum, owner of Blum ...

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!

Already registered? here.