Sardar Biglari, CEO of Steak ‘n Shake and owner of an investment firm that is a shareholder in Cracker Barrel (CBRL), piled on the restaurant chain following its about-face on its logo change, the Wall Street Journal’s Heather Haddon reports, citing a post on X. “The CEO needs to hear “You’re Fired” from her board,” Steak ‘n Shake said in the post. The move comes after Bilgari has spent years swiping at Cracker Barrel, waging unsuccessful proxy fights over more than a decade.
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