1. Activist Investor Ancora Rebukes Restaurant Chain for 'Inane' Decision to Reject Takeover Bid

    Activist Investor Ancora Rebukes Restaurant Chain for 'Inane' Decision to Reject Takeover Bid

    Activist investor Ancora condemned J. Alexander's Holdings for rejecting its takeover offer and threatened to lead a withhold campaign...

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    1. The Board's response letter was nothing but spin to try to save face, and had zero substance on how you intend to create value for shareholders.
    2. At the end of the day, do we want to fight them? No. But are we going to stick around? Yes.
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