The investor, whose holdings own 10% of the fast-food chain’s stock, said that he had no intent on influencing Jack in the ...

Sardar Biglari may want more control over Jack in the Box’s direction. The serial investor, who recently increased his ...

Shares of fast-food chain Jack in the Box (NASDAQ:JACK) fell 6% in the afternoon session after an activist investor signaled ...

Jack in the Box (JACK) said on Wednesday it has adopted a ‘poison pill’ plan effective immediately after activist investor Sardar Biglari’s hedge fund amassed 9.9% of the fast-food chain’s stock. Jack ...

Serial investor Sardar Biglari—who has attempted to take control of Cracker Barrel and El Pollo Loco within the past year—has a new target: Jack in the Box. Biglari Capital Corp., the owner of Steak ...

Sardar Biglari and related affiliates reported an increased stake in Jack in the Box and switched to the 13D filing used by activist investors from the 13G filing for passive shareholders.

Sardar Biglari is the CEO of both firms, according to the statement. Other restaurant companies, such as Cracker Barrel (CBRL) and El Pollo Loco (LOCO), have wrangled with Biglari Capital in recent ...

The chain wants to protect itself from a hostile takeover, and the limited-duration act is unlikely to impact shareholders, ...

A number of stocks jumped in the afternoon session after the second quarter (2025) earnings season got off to a strong start.

Shares of Jack in the Box rose after it said Biglari Capital Corp. increased its stake and that the fast-food chain adopted an anti-takeover plan. The stock was up 8.4% to $20.70 Wednesday and is ...

Sardar Biglari may be eyeing Jack in the Box. The fast-food company swallowed a poison pill this week after the investor increased his stake in the company to 9.9%.

If Biglari Capital or another investor accumulates 12.5% or more of Jack in the Box shares, other investors will be able to buy stock at a discount, the company said.