Daring Fireball: ‘Less Fun Than a Barrel of Crackers’

That it’s a controversy at all is the work of activist investor Sardar Biglari, CEO of midwest chain Steak ’n Shake. (Biglari’s father was a general under the Shah of Iran, and the family had to flee after the revolution.) Biglari has been trying to take over Cracker Barrel, Carl Icahn corporate-raider-style, for 15 years.

Finally! Someone explains the story behind the story. Follow the money… Always.