Red Robin investors up stake, reiterate board plans

Red Robin investors up stake, reiterate board plans

Investors in Red Robin Gourmet Burgers Inc. upped their holdings in the casual-dining company and reiterated plans to add board members and search for a new chief executive.

The push for corporate influence among activist investors at Red Robin is just the latest in the restaurant industry. Most recently, the chief executive of Denny’s Corp. resigned after an investor-led proxy fight at the Spartanburg, S.C.-based company. Prior to that, the chief executive at Nashville-based O&r

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