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Seeks protection from Sardar Biglari, Biglari Holdings Inc., Biglari Capital Corp., The Lion Fund, L.P. and Philip L. Cooley.
February 10, 2011
By: TOM BRANNA
Editor
The CCA Industries board has adopted a Stockholder Protection Rights Plan in response to the purchase by Sardar Biglari, Biglari Holdings Inc., Biglari Capital Corp., The Lion Fund, L.P. and Philip L. Cooley, as reported on their Schedule 13D with a report date of January 25, 2011, of 381,506 shares of common stock. According to Ira W. Berman, CCA’s chairman, “The Rights Plan is intended to promote the fair and equal treatment of the company’s stockholders and deter any ...
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