10:20 AM EDT, 08/19/2024 (MT Newswires) -- Cracker Barrel Old Country Store ( CBRL ) said Monday that Biglari Holdings ( BH ) affiliate Lion Fund II intends to nominate five candidates to the Cracker Barrel board at its annual meeting.

Cracker Barrel said this is the sixth time that Sardar Biglari, who controls Biglari Holdings ( BH ) and Lion Fund, has nominated candidates to its board.

"Although Cracker Barrel is disappointed that Biglari has chosen to launch another distracting and costly proxy contest, the company's nominating and corporate governance committee will thoughtfully consider Biglari's nominations in keeping with its practices of good governance," Cracker Barrel said.

Biglari could not be reached for comment.

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