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Stock Market & Financial Investment News

News Breaks
November 30, 2012
12:47 EDTCBRL, BHCracker Barrel seen as an attractive takeover target, Bloomberg reports
According to a report by Bloomberg, shares of Cracker Barrel (CBRL) currently trade at 12.9 times free cash flow, which lags behind 89% of U.S. companies valued over $1B, and this valuation is seen as making the company an attractive takeover target. The report cites a CL King analyst who said the company's free cash flow could be attractive to PE firms, and estimates that takeover offers could be near $82 per share. Reference Link
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July 14, 2014
16:49 EDTBHBiglari files to sell $85M of common stock
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