Financing
Steak n Shake's sales and profit improve, but stores keep closing
While the brand has been selling stores to operating partners, traditional franchisees keep closing units. So does the company.
Financing
Sardar Biglari takes a stake in Jack in the Box
The chairman of Biglari Holdings, the owner of Steak n Shake, has acquired 5.5% of the shares in the fast-food chain operator. But the investment is passive, for now.