ROANOKE Va. Western Sizzlin Corp. on Friday terminated its stock-swap offer for a 1.2-percent stake in Jack in the Box Inc., but plans to try again after regulatory compliance obligations are met. On Oct. 3, the parent of the 117-unit steakhouse brand said it would offer 1.607 shares of its stock for each share of Jack in the Box, up to 680,500 shares. However, as of Oct. 16, no Jack in the Box common shares had been tendered.Jack in the Box has said it would not comment until the ...
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!