On April 8, 2025, Sardar Biglari, an activist investor, submitted an offer to acquire El Pollo Loco Holdings, Inc. This bid represents a significant corporate development for the fast-food chain.
Biglari already held approximately 15% of El Pollo Loco's shares, making him a substantial stakeholder with a vested interest in the company's future. The company is evaluating the proposal.
An acquisition could lead to a change in the company's strategic direction and potentially offer a premium to shareholders. This event introduces uncertainty and potential upside for investors.
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