Tuesday, July 15, 2014 12:54:57 PM
"Steven Kiel, a Biglari Holdings shareholder and president at Arquitos Capital Management in Annandale, Va., expects Biglari to sell his stake as a shareholder in Cracker Barrel over time. Biglari is now the largest shareholder, owning just under 10 percent of the company."
Ok so I assume Dash sold him his shares.. Dash and Biglari are connected.. Who knows..
F. Arquitos Capital Partners, LP beneficially owns 3,734,145
Maybe all in it together.. .
http://archive.tennessean.com/article/20111221/NEWS03/120912027/12-21-11-Cracker-Barrel-board-won-t-include-Sardar-Biglari
http://www.cornerofberkshireandfairfax.ca/forum/archives/jonathan-dash-and-sardar-biglari-(relationship-and-how-they-compare)/
I suppose this company has been a target for some time now.. I suppose they need about 21 million shares..
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