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Prospect News home > News index > List of issuers S > Headlines for Steak n Shake Co. > News item
Published on 8/25/2009 in the Prospect News Special Situations Daily.

Lion Fund buys 107,500 shares of Steak n Shake, boosts stake to 9.2%

By Lisa Kerner

Charlotte, N.C., Aug. 25 - Investors led by Lion Fund, LP bought 107,500 shares of Steak n Shake Co. between Aug. 19 and Aug. 21 priced from $10.06 to $10.31 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Tuesday.

Lion Fund beneficially owns 2,645,245 shares, or 9.2%, of the Indianapolis-based casual dining restaurant franchisor.


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