Cracker Barrel Old Country Store Inc. said Tuesday its shareholders voted to elect all corporate-sponsored board members at its annual meeting, blocking activist investor Sardar Biglari’s attempt to gain a seat through a proxy fight. Lebanon, Tenn.-based Cracker Barrel, which operates 608 family restaurants, said preliminary results provided by the company’s proxy solicitor indicate the board members placed for nomination by the company won “by a significant ...
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Contact: Desiree Torres Desiree.Torres@penton.com