Cracker Barrel Old County Store Inc. President and CEO Sandra Cochran sent a message to shareholders Tuesday, informing them of a special meeting initiated by Sardar Biglari and asking them to reject the largest shareholder’s latest advances to gain control.
Sony Corp., a struggling electronics maker trying to regain its once stalwart status, is undertaking a major restructuring that includes the sale of its PC division, a spinoff of its TV business and layoffs of thousands of employees.
Google Inc. cleared out a key antitrust case, among other battles it faces, by agreeing to terms with European officials over allegations that the Internet giant abused its search-engine dominance to promote its own services over those of competitors.
(MCT) – Intel Corp.'s effort to battle TiVo and other Silicon Valley companies for control of American living rooms ended Tuesday, when the chipmaker announced it is selling a division sprouted to develop a set-top box for televisions to cable operator Verizon.
Cracker Barrel Old Country Store Inc. on Tuesday responded to its largest shareholder Sardar Biglari’s latest attempts to gain control of the Lebanon-based company by giving in to a request for a special shareholders’ meeting.