HOUSTON â€” Lubyâ€™s Inc., operator of 128 namesake cafeterias, is under fire again from its largest independent shareholder, the 7.1-percent stakeholder Ramius Capital Group LLC, which wants Lubyâ€™s to form a more independent board and to seek strategic alternatives for the company, including a possible sale. After publicly questioning Lubyâ€™s corporate oversight in July, Ramius Capital nominated this month four candidates for Lubyâ€™s board of directors, including three ...
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