Financing
The FTC fines Biglari Holdings $1.4M over ‘grossly negligent’ Cracker Barrel stock purchase
It was the investor’s second such fine for violating antitrust laws related to the reporting of stock purchases by large existing shareholders.
Financing
Sardar Biglari doesn’t want Cracker Barrel to build restaurants
The Bottom Line: The controlling shareholder of the company that owns Steak n Shake wants the family dining chain to stop spending on restaurants.