NEW YORK A shareholder group led by Ramius Capital Group LLC trimmed its holdings in Lubyâ€™s Inc. of Houston from 7.5 percent of shares outstanding to 4.5 percent just weeks after the cafeteria chain operator won a proxy battle over board seats that Ramius had hoped to garner. According to regulatory filings submitted late Wednesday, the activist shareholders now own about 1.3 million shares of Lubyâ€™s, the operator of 128 cafeterias. On Jan. 17, the shareholder group had held 2.1 ...
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Contact: Desiree Torres Desiree.Torres@penton.com