Biglari Holding keeps adding to its stake (13D) in Cracker Barrel (CBRL -0.4%) after a rights...

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

Biglari Holding keeps adding to its stake (13D) in Cracker Barrel (CBRL -0.4%) after a rights plan was voted down at a shareholder meeting last month that would have limited its position. A defiant Sardar Biglari & Co. now hold 13.3% of the company, as they to try repeat the trick of unlocking shareholder value at a restaurant chain that they performed well with Steak 'n Shake.