1. Activist Investor Fears Luby’s will ‘Chisel Away’ Real Estate Assets

    Activist Investor Fears Luby’s will ‘Chisel Away’ Real Estate Assets

    Activist investor fears Luby’s will ‘chisel away’ real estate assets Hedge fund offers board slate for parent of Luby’s, Fuddruckers brands Ron Ruggless | Nov 29, 2018 Bandera Partners LLC is looking to shake up the board of Luby’s Inc., nominating a slate of candidates to address what it called “bloated corporate expenses” and the company’s sale of real estate...

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  2. Quotes

    1. What's happening at Luby's is simply not working.
    2. We are not satisfied with our overall financial results for the year.
    3. We are always open to good ideas regardless of their source and will carefully review and consider Bandera's candidates as we would any other potential directors to assess their ability to add value to the board for the benefit of all shareholders.
    4. The return on this investment has been dismal.
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