Longtime Cracker Barrel foe urges shareholders to vote against ‘worse than mediocre’ CEO after dismal earnings | Fortune

Activist investor Sardar Biglari launched his eighth proxy battle at Cracker Barrel after the dining chain reported disappointing fourth-quarter earnings on Wednesday. In a filing on Thursday, Biglari,…

Read more Longtime Cracker Barrel foe urges shareholders to vote against ‘worse than mediocre’ CEO after dismal earnings | Fortune

Bill Ackman divulged details about the time a fellow activist tried to force him to liquidate—only to be saved by a ‘handshake’ deal with Jamie Dimon’s bank

Elliott Investment Management targeted Pershing Square Holdings in 2017, when Paul Singer’s firm privately tried to force fellow activist Bill Ackman to liquidate his listed company.  Ackman disclosed…

Read more Bill Ackman divulged details about the time a fellow activist tried to force him to liquidate—only to be saved by a ‘handshake’ deal with Jamie Dimon’s bank

‘No hormones, ever,’ Shake Shack says about its chicken. Activist shareholders say that’s true for every other chicken sold in the U.S., too

“No hormones, ever” is what Shake Shack said about the crispy fried chicken in its sandwiches. A shareholder group says that’s a paltry claim, because literally no restaurant…

Read more ‘No hormones, ever,’ Shake Shack says about its chicken. Activist shareholders say that’s true for every other chicken sold in the U.S., too