Cracker Barrel Old Country Store Successfully Defends Against Proxy Contests

Bass, Berry & Sims counseled Cracker Barrel Old Country Store, Inc. in its four successful defenses against proxy contests initiated by Biglari Holdings Inc. and Sardar Biglari in connection with Cracker Barrel’s 2011, 2012 and 2013 annual meetings of shareholders and 2014 Special Meeting requested Biglari Holdings. We also advised Cracker Barrel with respect to its adoption of a shareholder rights plan in conjunction with the first proxy contest and its subsequent adoption of a replacement rights plan in the face of the additional Biglari share purchases prior to the second contest.

Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) was established in 1969 in Lebanon, Tennessee and operates locations throughout the U.S.

You Also May Be Interested In:

  • Represented TVV Capital portfolio company Big 3 Precision Products, Inc., a maker of turnkey packaging solutions, in its sale to The Eastern Company (Nasdaq: EML), a publicly traded diversified manufacturer, for $81.7 million

    We represented TVV Capital portfolio company Big 3 Precision Products, Inc., a maker of turnkey packaging solutions, in its sale...
    Client Type: Private Company
  • Representation of Mid-America Apartments, L.P., the operating partnership of Mid-America Apartment Communities, Inc., in a public offering of $300,000,000 of 2.750% senior notes due 2030.

    We represented Mid-America Apartments, L.P., the operating partnership of Mid-America Apartment Communities, Inc., in a public offering of $300,000,000 of...
    Client Type: Public Company
  • Representation of Tennessee Community Bank Holdings, Inc., the parent company for Community Bank & Trust located in Ashland City, Tennessee, in its definitive agreement to sell to Reliant Bancorp, Inc. (Nasdaq: RBNC) for $37 million in an approximately 50% stock and 50% cash transaction.

    We represented Tennessee Community Bank Holdings, Inc., the parent company for Community Bank & Trust located in Ashland City, Tennessee,...
    Client Type: Private Company