Financing
As Sardar Biglari buys up stock, El Pollo Loco swallows a poison pill
The chicken chain adopted a shareholder rights plan, citing Biglari Capital’s continued acquisition of the company’s shares.
Food
After a pandemic break, restaurants added a lot of new menu items this summer
Customers returned to dining out and operators greeted them with a record number of limited-time offers. The result was a summer of love on restaurant menus.