- One of the uglier proxy battles resolved itself yesterday as shareholders at Biglari Holdings (BH-OLD -1.4%) elected the company's slate of directors over those from activist investor Groveland Capital.
- Final votes tallies will be released via a SEC filing next week.
- CEO Sardar Biglari didn't quite take the high road over the contentious battle with Groveland.
- "There are more idiots in stock markets than I previously thought. And I had low expectations," Biglari said of his critics.