Biglari says considering bid for Cracker Barrel

Tue Dec 24, 2013 8:23am EST

Dec 24 (Reuters) - Cracker Barrel Old Country Store Inc's top shareholder, Biglari Holdings Inc, said it was considering a bid for the restaurant chain and was in talks with investment banks.

Biglari Holdings, which owns 19.9 percent of Cracker Barrel and is run by activist investor Sardar Biglari, said it would also consider selling its stake in the company.

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