HOUSTON Luby’s Inc., in a letter sent Tuesday to shareholders, is urging them to support management and the current board in the face of a dissident shareholder’s recent nomination of four candidates to the 10-seat board. "Luby's has the right board of directors in place," wrote Gasper Mir III, chairman of the 128-unit cafeteria chain's board.Earlier in October, Ramius Capital Group LLC of New York said it wanted Luby's to form a more independent board and to seek strategic ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

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?

Contact:Desiree TorresDesiree.Torres@penton.com

Already registered? here.