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Cracker Barrel

Financing

Sardar Biglari demands documents from Cracker Barrel

The activist investor wants records related to Cracker Barrel's purchase of Maple Street Biscuit Co. and its investment in Punch Bowl Social, says RB’s The Bottom Line.

Financing

Cracker Barrel acquires Maple Street Biscuit Co.

The company plans to fold its Holler & Dash brand into the newly acquired fast-casual concept following the $36 million deal.

Diversification into new concepts is sweeping through casual dining in particular. Here’s a rundown of who’s trying what.

Its namesake brand will focus intently on dinner, a bid to build on the success of a new chicken line, while the parent operation tweaks Holler & Dash and works with Punch Bowl Social.

A December phone call led to an unlikely pairing and one of the most interesting deals in years, says RB’s The Bottom Line.

The deal gives the highway-side family dining chain a noncontrolling stake in the “eatertainment” concept.

The casual-dining chain saw traffic slide 1.8% in Q3.

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

The chairman of Biglari Holdings has reignited a long-dormant activist campaign, says RB’s The Bottom Line.

Takeout sales grew 20% last quarter as the company’s focus on Thanksgiving and Christmas paid off.

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