1. Del Frisco's Buyout Deal Is a Bittersweet Activist Investor Victory

    Del Frisco's Buyout Deal Is a Bittersweet Activist Investor Victory

    Engaged Capital has developed quite a reputation as an effective activist investor. After successfully advocating for the sale of companies including Jamba Juice and Outerwall, the activist set its sights on steakhouse operator Del Frisco's (NASDAQ: DFRG) . In December 2018, Engaged Capital published a letter to Del Frisco's board of directors in which it disclosed a 9.9% ownership stake and advocated for the company to sell itself. The activist got what it wanted...

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