INDIANAPOLIS —An investor group that includes the parent of Lone Star Steakhouse & Saloon disclosed last month that it had amassed a 9.5-percent stake in family-dining company The Steak n Shake Co. with intentions to “maximize shareholder value” by “exploring an acquisition or other transaction.” The group’s largest investor is Dallas-based hedge fund HBK Investments LP, with a 7.9-percent holding. The remaining interest is held by Dallas-based Lone Star Funds ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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?