Posts Tagged ‘ Cracker Barrel ’

Sardar Biglari’s First Rule Of Corporate Governance: Do As I Say, Not As I Do

By
5
August 17, 2012
300px-Cracker_Barrel_Belleview_FL03

As an activist, Sardar Biglari has taken stakes in various companies, and, when he hasn’t gotten his way, pushed his agenda in the name of good governance.  See, for example, the recent amendment by the Chairman and CEO of Biglari Holdings(BH), of his 13D on Cracker Barrel(CBRL). Emphasis is added: On August 16, 2012,...
Read More »

Cracker Barrel Adds Another New Board Member; Name Is Still Not Sardar Biglari

By
1
August 13, 2012

Cracker Barrel Old Country Store(CBRL) announced today that it had added Norman Johnson to its Board of Directors. The company proudly points out that he is the 7th new Board member added in the past 18 months.  Consistent with the company’s position in response to Sardar Biglari’s campaign for a Board seat, Mr. Johnson’s...
Read More »

Biglari Takes Another Crack At Cracker Barrel

By
0
January 13, 2012
Biglari Takes Another Crack At Cracker Barrel

Unchastened by his unsuccessful proxy fight for a Board seat at Cracker Barrel(CBRL), Biglari Holdings(BH) Chairman and CEO Sardar Biglari has begun aggressively purchasing Cracker Barrel stock once again.  Biglari had been held to 9.9% by a rights plan which was voted down by shareholders at the annual meeting in December.  Free to acquire...
Read More »



Seeking Alpha