Financing
Sardar Biglari goes activist on Jack in the Box
The investor, whose holdings own 10% of the fast-food chain’s stock, said that he had no intent on influencing Jack in the Box until the company swallowed a poison pill.
Financing
With Sardar Biglari lurking, Jack in the Box swallows a poison pill
The fast-food company, which also owns Del Taco, adopted a shareholder rights plan after Biglari Capital Corp. accumulated more stock. Biglari has been hunting restaurant deals lately.