Biglari Holdings Questions Cracker Barrel's Lack Of Urgency In Addressing Misrepresentations Of Professed Experience Of Incoming

  Biglari Holdings Questions Cracker Barrel's Lack Of Urgency In Addressing
Misrepresentations Of Professed Experience Of Incoming Chairman James Bradford

PR Newswire

SAN ANTONIO, TX, Oct. 9, 2012

SAN ANTONIO, TX, Oct. 9, 2012 /PRNewswire/ --Biglari Holdings Inc. (NYSE: BH)
today demanded an immediate response to its October 8, 2012 letter delivered
to the Board of Directors of Cracker Barrel Old Country Store, Inc. (NASDAQ:
CBRL) regarding public filings and statements made by Cracker Barrel,
including Chief Executive Officer Sandra B. Cochran, that emphasize designated
Chairman James W. Bradford's former experience as CEO of a New York Stock
Exchange-listed company. A public search reveals that Mr. Bradford has never
been CEO of a New York Stock Exchange-listed company. It has been over 24
hours since Biglari Holdings sent its letter to Cracker Barrel's Board of
Directors identifying this material error in Mr. Bradford's biography. We
believe that Cracker Barrel has an obligation to all its shareholders to
respond immediately and to inform them whether Cracker Barrel's public filings
and statements regarding Mr. Bradford's purported experience are true or
false. Moreover, why did the Board and Ms. Cochran believe it was important to
emphasize repeatedly Mr. Bradford's purported experience as "a former NYSE
company CEO?"



SOURCE Biglari Holdings Inc.

Contact: Media, Duane Geiger, +1-210-344-3400
 
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