Cracker Barrel (CBRL +1.1%) reports that it beat back a challenge from Biglari Holdings,...

|About: Cracker Barrel Old Countr... (CBRL)|By:, SA News Editor

Cracker Barrel (CBRL +1.1%) reports that it beat back a challenge from Biglari Holdings, electing all of its nominees to the company's board by a "significant" margin. Takeover talk could continue to linger on though, after shareholders voted down an option to renew a rights plan to defend itself against potential takeovers.