Biglari raises stake in Cracker Barrel

Biglari Holdings Inc. has increased its aggregate stock stake in Cracker Barrel Old Country Store Inc. just weeks after Biglari chief executive Sardar Biglari lost a proxy fight for a seat on the Cracker Barrel board.

In a filing with federal securities regulators posted Friday, Biglari Holdings and affiliates disclosed that they had increased their combined ownership stake in Cracker Barrel from just below 10 p

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