BREAKING: Steak n Shake dissident named chairman
A dissident investor who promised to overhaul the struggling Steak n Shake Co. now will get his chance as the company’s chairman. Steak n Shake said today that Sardar Biglari has been appointed chairman, replacing Interim Chairman Wayne L. Kelley. Biglari and his San Antonio-based Lion Fund have been agitating for tighter cost controls, improved […]