Cracker Barrel Old Country Store Inc. said Thursday it had offered to 17-percent stakeholder Sardar Biglari the opportunity to nominate two independent directors to the family-dining company's board after he had attempted to nominate himself, but he refused the opportunity. This is the second time Biglari has attempted to gain a board position at Lebanon, Tenn.-based Cracker Barrel, which operates 620 namesake restaurants. Last year his efforts to seek a director position was ...
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Contact: Desiree Torres Desiree.Torres@penton.com