Sardar Biglari drops stake in Red Robin

Two companies led by investor Sardar Biglari have sold their combined 6-percent stake in Red Robin Gourmet Burgers Inc., according to documents filed with the Securities and Exchange Commission.

Biglari is the chairman and chief executive of San Antonio-based Biglari Holdings Inc., which operates the Steak 'n Shake and Western Sizzlin chains. He also is a well-known restaurant investor who has played roles in deals at Friendly Ice Cream Corp. and during the Applebee’s-IHOP merger

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish