Groveland Capital, which wants to oust Sardar Biglari, failed to get support from the influential advisory firm Institutional Shareholder Services. But ISS agreed Biglari Holdings has serious governance problems.
Police stations across the country have started offering space for these business exchanges, saying it’s a win-win-win—strangers meet in a safe spot, police help prevent crime, and the danger of doing business on Craigslist decreases.
A universal digital inventory system that links customers to goods in more than a thousand Lids Sports Group stores helped the firm wrestle the Indianapolis Colts business away from locally based MainGate Inc., a national player in its own right.
By buying Macerich, the largest U.S. mall owner would expand its holdings on the West Coast and add top-tier properties that rarely come up for sale. The offer will be withdrawn if Simon is unable to meet with Macerich to negotiate terms of an agreement by April 1.
Frisch's Restaurants Inc. sued former Assistant Treasurer Michael Hudson in January, alleging that he forged payroll documents and falsified accounting entries, then diverted company funds into personal accounts over several years.