Del Frisco’s Restaurant Group Inc. reached détente Monday with Engaged Capital LLC in an agreement that expands the casual-dining company’s board and added a director endorsed by the activist investor...
Activist investor fears Luby’s will ‘chisel away’ real estate assets Hedge fund offers board slate for parent of Luby’s, Fuddruckers brands Ron Ruggless | Nov 29, 2018 Bandera Partners LLC is looking to shake up the board of Luby’s Inc., nominating a slate of candidates to address what it called “bloated corporate expenses” and the company’s sale of real estate...
Bloomin’ reports higher same-store sales amid activist pressure Outback Steakhouse leads way among four brands in Q3 Ron Ruggless | Oct 29, 2018 Same-store sales at Outback Steakhouse led the way among Bloomin’ Brands Inc.’s four concepts in the most recent quarter amid activist investor pressure, the company reported Monday...
Borrowing a page from the activist-investor playbook, former Papa John’s International Inc. CEO and chairman John Schnatter is promoting a new website to communicate directly with company employees and shareholders...
On Friday, Leon Capital Group announced through federal securities filings that it had made a 9.5-percent investment in Ruby Tuesday Inc. The filing was activist in nature, meaning that Leon Capital plans to hold talks with the company’s management. Here’s the kicker: Leon Capital is not an activist investor...
Two shareholder groups on Tuesday reportedly filed shareholder resolutions to ouster Chipotle Mexican Grill founder Steve Ells as chairman of the beleaguered chain’s board. Citing Chipotle’s disappointing third-quarter results and slow recovery from a foodborne illness crisis that has slowed traffic, Amalgamated Bank and CtW Investment Group have proposed replacing ...
Chipotle Mexican Grill Inc. is interviewing potential additions to its board of directors in response to efforts earlier this year by activist investors to shake ...
Bob Evans, which recently lost four seats to activist investor Sandell Asset Management, said it would sell its corporate aircraft, and has hired advisers to analyze its structure and potential cost cuts. Public stock investors are more willing to listen to the views of ...
Since December, Starboard has joined another activist investor , Barington Capital Group L.P., in calling for, among other moves, the breakup of Darden's two flagship chains from its LongHorn Steakhouse brand and the Specialty Restaurant Group of ...