Biglari proxy battle continues into 2013
(Continued from page 1) During the second quarter of 2012, Cracker Barrel also reported $1.2 million in costs related to a proxy battle with activist investor Sardar Biglari. During the second quarter of 2012, the company spent more than $3 million on the proxy fight, Hyatt said. On February 15, Cracker Barrel announced that Biglari had rejected the company’s offer to buy back his shares at market price. Cracker Barrel shareholders had rejected two of Biglari’s bids for ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?