Activist investors target BJ's Restaurants

Activist investors target BJ's Restaurants

SEC filings reveal plans to nominate new board members

Two activist investor groups stated on Thursday their intention to nominate new members for election to the board of BJ’s Restaurants Inc. in filings with the U.S. Securities and Exchange Commission.

In a joint filing, investor groups PW Partners Atlas Fund II and Luxor Capital Partners L.P., which together hold about 12.4 percent of the casual-dining chain’s outstanding shares, have proposed a slate of five new board members.

Separately, investor

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