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The activist investor has already bought up almost 15% of the chicken chain and is now making a play for the whole company.
Biglari already owns about 4.5 million shares, or about 15%, of El Pollo Loco’s stock, a regulatory filing shows.
Steak ‘n Shake owner Sardar Biglari wants to buy El Pollo Loco. The activist investor, who already owns 15.1 percent of El ...
Los Angeles Magazine on MSN5d
El Pollo Loco Faces Unsolicited Takeover
El Pollo Loco was first introduced to the United States with a small store in L.A.’s MacArthur Park by Juan Francisco Ochoa.
As the end of the week neared, President Trump announced a 90-day pause on the so-called “reciprocal” tariffs that had been ...
The investor used activist campaigns to take over both Western Sizzlin and Steak n Shake. But he is making a more ...
El Pollo Loco Holdings (NASDAQ:LOCO) disclosed late on Monday that it received an unsolicited, non-binding indication of ...
El Pollo Loco Holdings (NASDAQ:LOCO) disclosed late on Monday that it received an unsolicited, non-binding indication of interest from Biglari Capital Corp. to acquire the rest of the company that ...