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Stock impact report

BJ's Restaurants enters cooperation pact with activist investor PW Partners [Seeking Alpha]

BJ's Restaurants, Inc. (BJRI) 
Last bj's restaurants, inc. earnings: 2/20 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.bjsrestaurants.com
Company Research Source: Seeking Alpha
In conjunction with the engagement of PW Partners, BJ's ( BJRI ) also entered into a cooperation agreement with the firm. Of note, PW Partners is a beneficial owner of more than 5% of BJRI's common stock. For its part, PW Partners agreed to withdraw a slate of director nominees for the BJRI board that it had previously submitted for election at the 2024 annual meeting of shareholders. PW Partners' has a stated objective to maximize the value of its portfolio companies by influencing corporate policies. PW Partners is led by restaurant industry veteran, Patrick Walsh, who previously served as a member of the board from 2014 to 2022. Shares of BJ's Restaurants ( BJRI ) are down 7.8% on a year-to-date basis. Short interest stands at 9.1% of the total float. Recommended For You More Trending News Recommended For You More Trending News About BJRI Stock Related Stocks Trending Analysis Trending News Show less Read more
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