Three groups of investors acting in concert are proposing to replace the full board of J. Alexander’s Corp., officials of the casual-dining company said Monday. The investors said in regulatory filings that their effort to place new directors on the J. Alexander's board was motivated by a desire to “assist the company in improving its operational and financial performance.” The three investor groups — which hold a 12.6-percent collective ownership stake in the ...
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Contact: Desiree Torres Desiree.Torres@penton.com