Wed, Jul 23, 2014, 10:53 AM EDT - U.S. Markets close in 5 hrs 7 mins


% | $
Click the to save as a favorite.

Biglari Holdings Inc. Message Board

  • belco_mc belco_mc Sep 7, 2012 6:34 AM Flag

    Will Biglari create class A and class B shares?

    Sardar tried to gain shareholder approval for this a couple years ago. He also commented at the last annual meeting that this idea still holds merit. I gotta believe he'll try again at some point. Anyone have thoughts on the liklihood and impact of this? I agree with him that it makes sense to do but I believe it will be viewed as a negative and will create controversy.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I would wager that he will. Just dont know when.

      Im afraid BH shares are being held down by what the market views as him & us being "stuck" in CBRL for years to come. As well as the $ he and CBRL will spend fighting over it.

      Id like to see them settle on something like him & cooley get the 2 seats, he wont try for another next year and he wont be named chairman for the next 3 years.

      That OUGHT to be acceptable to both parties.

      CBRL is afraid he will get "control" but I dont see that as a really bad thing given what he has done with SNS.

      Might be best for both sides to show a bit more improvement, dress it up & sell it.

      Id love for us to get $80-85 and Biglari get his warchest back.

431.38+1.38(+0.32%)10:46 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.