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Management of Cracker Barrel (CBRL) sends a letter to shareholders asking for their support for...

Management of Cracker Barrel (CBRL) sends a letter to shareholders asking for their support for board nominees and in rejecting a bid (I, II) from Biglari Holdings to take control of the firm. The note from CEO Sandra Cochran claims that shareholders of Steak 'n Shake (BH) came out on the losing end of Biglari's takeover of that restaurant chain.
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