Jack in the Box Prescribes Poison Pill to Sicken Activist Investor

Third Point's Bold Pivot: A Case Against Activist Short-Termism

In the crowded landscape of London-listed investment trusts, few have faced as sustained a campaign of activist pressure as Third Point Investors Limited (TPIL). It’s a case study in the differe

Jack in the Box prescribes poison pill to sicken activist investor

The action is meant to keep Biglari Capital, which owns a 9.9% stake in the chain, from acquiring additional shares and to give Jack more time to turn around its business.

Jack in the Box adopts poison pill amid Biglari Capital stock buy

The quick-service restaurant’s board approves stockholder rights plan

Jack in the Box takes poison pill as activist investor increases stake

Jack in the Box Inc. has made a move to defend itself against a potential hostile takeover.