13 Apr In September 2011, activist investor Sardar Biglari initiated a proxy contest seeking election to the board of restaurant company Cracker Barrel. Although Cracker and Barrel was highly succ
Background In September 2011, activist investor Sardar Biglari initiated a proxy contest seeking election to the board of restaurant company Cracker Barrel. Although Cracker and Barrel was highly successful from 2002 through 2007, the company had subpar performance during the recession and the years following....