Tuesday, February 23, 2021

Steak 'N Shake Avoids Bankruptcy, Then Sues Top Lender Fortress

Steak ’n Shake sued lender Fortress Investment Group after the burger chain paid off debt coming due to avoid bankruptcy, accusing Fortress of misusing confidential information to mount a takeover bid.

source https://www.wsj.com/articles/steak-n-shake-avoids-bankruptcy-then-sues-top-lender-fortress-11614027562?mod=pls_whats_news_us_business_f

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