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0 -0.000514668039114669 -0.00288214101904258 0.00308800823468874 0.0118373648996398 0.0149253731343285 0.0169840452907875 0.0169840452907875
Stock impact report

El Pollo Loco faces acquisition bid by Sardar Biglari [Yahoo! Finance]

El Pollo Loco Holdings, Inc. (LOCO) 
Last el pollo loco holdings, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.elpolloloco.com/investor-relations
Company Research Source: Yahoo! Finance
Biglari Capital has offered to buy El Pollo Loco, according to an 8-K filed by the chicken chain Sardar Biglari, who owns Steak ‘n Shake, has entered a confidentiality agreement with El Pollo Loco over the proposed transaction, which includes a standstill provision on the purchase of more shares, another filing with the Securities and Exchange Commission shows The move is the latest attempt by the activist investor to gain more control over a restaurant brand; Biglari has engaged in a long-running campaign to dislodge the leadership of Cracker Barrel, which has largely failed Biglari has already bought up about 15% of El Pollo Loco's shares, according to the brand's proxy statement , making him by far the largest shareholder of the chain. In its most recent quarter, El Pollo Loco posted 0.5% comparable sales growth and ended the whole fiscal year with 2.8% growth, according to an earnings release . But that sales bump stems from pricing's impact on check size. “Company-oper Show less Read more
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