Tag Archives: Phil Cooley

Biglari Continues To Pursue Revenge Against Swenson On Company’s Dime

By | December 14, 2015

Earlier this year, Nick Swenson dared to threaten Sardar Biglari’s reign at Biglari Holdings(BH) by launching a proxy fight.  Due, in part, to Biglari voting company owned shares in his own favor, Biglari was successful in fending off the attack.  He followed up by using company funds to tender for enough shares at $420(and not retiring them) to… Read More »

Sardar Biglari Adds Another Puppet To Biglari Holdings Board, Fails To Disclose Ties

By | August 15, 2012

Sardar Biglari has found a fifth person to rubber stamp his decisions.  Biglari Holdings(BH) filed an 8-K yesterday noting it had added James Mastrian to its Board, increasing its size to six members. From the filing: On August 14, 2012, the Board of Directors (the “Board”) of Biglari Holdings Inc. (the “Company”) increased the size of the Board… Read More »