The Steak n Shake Company ("SNS") (NYSE:SNS) , and Western Sizzlin Corporation ("Western") (NASDAQ:WEST) , today jointly announced that they had executed an agreement for a wholly-owned subsidiary of Steak n Shake to merge with and into Western. Western has also declared a special dividend payable to Western stockholders in the form of 1,322,806 shares of Steak n Shake common stock presently beneficially owned by an investment subsidiary of Western.
Note that you must be registered to leave comments. Register or Sign in.
Note: The stories above link to external sites and are free from registration requirements at the time they were selected. Because Foodservice.com has no control over information outside of our site, the availability and status is subject to change.
