Bravo Brio

Bravo Brio shareholder steps up pressure

In letter, TAC Capital criticizes company’s board and management on performance

Bravo Brio Restaurant Group Inc.’s largest shareholder complained about the company’s sales and stock performance, stepping up pressure on the board and management as they evaluate the company’s strategic future.

TAC Capital LLC, owner of 15 percent of Bravo Brio stock, listed several complaints in a letter to the company and its board of directors. 

Donald Adam, chairman of TAC, said in the letter that he was “extremely disappointed” with Br

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Contact: Desiree Torres Desiree.Torres@penton.com

TAGS: Finance
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