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Biglari Holdings Inc. Message Board

  • rachelmaryward rachelmaryward Dec 12, 2011 9:42 PM Flag

    When does the CRBL vote take place?

    Any ideas?

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    • Holders can vote before or at the annual meeting. Results will be announced the day of the meeting or shortly thereafter. (Dec 20)

      Typically, one or both sides will preannounce the results with the "offical" tally coming a few days later.

      If I recall, during the SNS fight, Sardar got all the proxy firms on his side. This time its a split decision so it could go either way.

      The thing is, anyone can vote and then vote again & again. Only their last vote counts.

      I really dont think Biglari will hurt them at all. And he should help.

      Now, depending on how the seats go, he could go for more next year. In which case CBRL would spend many more millions trying to deny their poor performance & pitiful ownership.

      This all could have been avoided by simply giving Biglari & Cooley seats. 2 of 11 or 12 or 13. Big deal.

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