date:Dec 31, 2013
In response to one of its largest shareholders expressing no confidence in the leadership of Cracker Barrel Old Country Store, Inc., and publicly calling for a sale of the company, the chairman of Cracker Barrel said no way.
On Dec. 24, Sardar Biglari, a principal in Biglari Capital Corp., San Antonio, wrote in a letter to Cracker Barrels board that he is willing to lead an effort that will culminate in the sale of the company and he is willing to make a bid for the company.
We believe Cracker