Highly shorted Jack in the Box fires off a poison pill to defend itself against activist investors

5 days ago 2
Jack in the box

LindaJoHeilman/iStock Editorial via Getty Images

Jack in the Box (NASDAQ:JACK) disclosed on Wednesday thta it adopted a limited-duration stockholder rights plan to protect the interests of all stockholders in response to Biglari Capital's accumulation of the restaurant company's stock.

Per SEC filings, Biglari Capital now owns

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