An activist investor reportedly wants Cheesecake Factory to split up. Analysts say it doesn’t need to.
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.
Houston investor and Pappas family member reportedly wants to shake up the Cheesecake Factory
An activist investor and son of a co-founder of Pappas Restaurants is reportedly calling for change at the Cheesecake Factory. James Pappas' JCP Investment Management has acquired about 2% of the California-based restaurant chain,
Cheesecake Factory Stock Gains After Journal Report on Activist Stake
Shares of Cheesecake Factory (CAKE) rose more than 3% in premarket trading after The Wall Street Journal reported that an activist investor is urging the restaurant operator to consider a breakup. Rea
Investor wants Sam Fox restaurants spun out of Cheesecake Factory, report says
An activist investor thinks North Italia, Flower Child and Culinary Dropout would be better off combined as their own public company.
Activist Investor Urges Cheesecake Factory to Explore a Potential Split, WSJ Reports
JCP Investment Management, which has built roughly a 2% stake in Cheesecake Factory, has privately told executives that North Italia, Flower Child, and Culinary Dropout brands would be better off as a separate company, WSJ reported, citing people familiar with the matter.
Activist investor pushes Cheesecake Factory to spin off smaller brands
JCP Investment Management believes North Italia, Flower Child and Culinary Dropout would grow faster as a separate company, the Wall Street
Cheesecake activist reportedly urges company split
JCP suggests spinning off North Italia, Flower Child, and Culinary Dropout into separate publicly traded company
Cheesecake Factory up 3% at $43.78 after WSJ report of JCP Investments stake
EDT Cheesecake Factory (CAKE) up 3% at $43.78 after WSJ report of JCP Investments stake Published first on TheFly – the ultimate
Activist Urges Cheesecake Factory to Consider Breakup
An activist investor has built a position in Cheesecake Factory and is urging the restaurant operator to spin off three of its smaller brands into a separate public company, according to people familiar with the matter.
Cheesecake Factory Stock Rises on Report Activist Urges Chain To Break Up
KEY TAKEAWAYS JCP Investment Management, an activist investor, reportedly has built a stake in The Cheesecake Factory and is pushing for the restaurant chain to break up.The Cheesecake Factory shares are up 3% in premarket trading.
Activist investor JCP pushes for spin-off of some of Cheesecake Factory's brands: Report
CNBC's Becky Quick reports on the latest news.
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JCP urges Cheesecake to spin off three brands for growth
Activist investor JCP Investment Management has urged Cheesecake Factory to spin off three of its restaurant brands into a ...
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The Too-Sweet Cheesecake Slice You Should Never Order At The Cheesecake Factory
It's hard to go wrong when ordering a slice of cheesecake at the Cheesecake Factory - and most of the time, you won't.
Buy Rating on The Cheesecake Factory Based on Growth Potential of Emerging Brands
Cheesecake Factory (CAKE – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst ...
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Toronto Cheesecake Factory working to fix violations after receiving multiple health code infractions
Toronto residents are alarmed following the Cheesecake Factory remaining open after receiving 11 health code violations.