Shares of Cheesecake Factory Inc. got a lift after hours on Monday after the Wall Street Journal reported that an activist investor is pressing the casual-dining chain to spin off a handful of its smaller restaurant concepts.
Source: MarketWatch
Wednesday, 23. October 2024
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22. October 2024 21:47
An activist investor reportedly wants Cheesecake Factory to split up. Analysts say it doesn’t need to.
